Crude Oil - The Sinking Titanic Pattern
Crude Oil (WTI) has broken through the support trendline.
Things are looking bearish, and I am expecting a major drop in Oil.
Things are looking bearish, and I am expecting a major drop in Oil.
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Preferably, a breach in an impulsive bearish move would start.
However, if the C leg of (B) (red) comes, then it will provide a better entry.
However, if the C leg of (B) (red) comes, then it will provide a better entry.
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Getting ready for a very big drop on WTI.
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OIL shorters gathering ammo.
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Bears chance here to crash WTI.
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