Oil Crash Signal Bearish Impulse
Elliott Wave Tech. Analysis
Summary
Crude Oil Crash Signal
WTI Crash Impulse scenario in play.
WTI Sell Positions in focus.
Confirmation below $91.
Tech. Analysis
Crude Oil (WTI) Signal
Chart Structure
- Elliott Wave: Zig-Zag Correction
- Intermediate (B) Completion
- Harmonic Pattern
- Oil Bearish Fractal
Oil (WTI) Prediction
- Bearish Crash Impulse
- Intermediate Wave (C)
WTI/USD
Trade Levels
- Ticker: XTI/USD
- Direction: SHORT
- Market Entry @ $97.5
- Strategic Entry 1 @ $101
- Strategic Entry 2 @ $108
- Breach Entry @ $91
- SL @ $108 & $116 & $122
- TP1 @ $85
- TP2 @ $74
- TP3 @ $67
- TP4 @ $61
Trade-Signals are subject to risk, DYOR.
