Crude Oil and Natural Gas - Bearish Reversals

21 Eyl 2022

Crude Oil (WTI) & Natural Gas have been in an uptrend.

Reversal Patterns are present, and BIG bearish moves are around the corner.

Technical Analysis:

- WTI: Ascending Channel Breach
- Natural Gas: Ending Diagonal

21 Eyl 2022

Not

5 Eki 2022

Not

WTI can drop hard here.

17 Eki 2022

İşlem aktif

Selling Crude Oil. Expecting a BIG drop...

19 Ara 2022

Not

Last rise and then Crash for Energy.

19 Ara 2022

Not

Updated Wave Count for WTI.



Triple Three.

21 Oca 2023

Not

Natural Gas went deep in the green with this view.
OIL should follow soon.

8 Şub 2023

Not

Natural Gas hit the 88.6% Fibonacci Retracement.
However, there's no Bullish Divergence, unless you're into a Reversed one...

Crude Oil however, is one step behind, it has still to deliver the BIG drop...



I think there could still be more down-side to NATGAS.



For WTI, I am expecting a big bear leg between $85 and $90 zone.

8 Şub 2023

Not

WTI Daily Chart:

2 Nis 2023

Not

Expecting WTI to crash at or slightly above the $80 mark.

8 Nis 2023

Not

Bounce incoming for Natural Gas.

15 Nis 2023

İşlem aktif

Looks like Natural Gas will bounce from around here, while Crude Oil is getting ready to drop quite hard.

15 Nis 2023

Not

Selling WTI