Minor Wave A completed and the Bearish Divergence confirms this.
Bearish Minute Wave ”a” is most likely going to be formed out of a 12345 structure.
Within this wave, we have Minuette Waves ”i” & ”ii”.
We are shooting for a SHORT Position on WTI, risk 2.93% VS profit 6.89%.
SL 53.80 – TP 48.68 – Entry 53.00
Continuation of previous longer-term view post.