HK-Capital-Management

WTI (CRUDEOIL) – Under pressure!

TVC:USOIL   WTI Rohöl CFD's
Hello everyone,

I have to quote myself: “as you can read in my last analysis, I think that crudeoil is going down on the long run with a massive short opportunity. But before that happens, I see a good chance to trade WTI long into the bottom of wave 2. Be careful: there’s maybe space on the downside to complete wave 1 (blue box).”

Yes: I see much more downforce in the chart, as I thought it was, so be careful. It would not surprise me, if wave (1) ends in the region around $42/$40!

Don’t hesitate to contact me, if you have any questions or other ideas!

Take care
tgo

HK-Capital-Management