Crude Oil and Natural Gas - Bearish Reversals

已更新
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

註釋
快照
註釋
WTI can drop hard here.

快照
交易進行
Selling Crude Oil. Expecting a BIG drop...

快照
註釋
Last rise and then Crash for Energy.

快照
註釋
Updated Wave Count for WTI.

快照

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

快照
註釋
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...

快照

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

快照

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

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

快照
註釋
Bounce incoming for Natural Gas.

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

快照
註釋
Selling WTI

快照
breakoutCrude OilElliott WaveEnding DiagonalNatural GasNatural GasoiltradingParallel ChannelWedgeWTI

更多:

免責聲明