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JjohnsonBeGreat

Oil Corrective Structure Wave Analysis Buy/Sell

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U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)  
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FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
Wave Analysis Chart Patterns Trend Analysis elliottwaveprojection elliotwaveanalysis elliottwaveretracement elliottwavecorrection elliottwaveforecasts elliotwavecount elliotwavesharmonics
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waveanalysis chartpattern trendanalysis elliottwaveprojection elliotwaveanalysis elliottwaveretracement elliottwavecorrection elliottwaveforecasts elliotwavecount elliotwavesharmonics
If you look at my analysis from November 25th which is linked below you can see that I forecasted a big sell off in Oil. The sell off I was anticipating have began, now I am looking for the trend to continue to the downside. Before that happen I will not be surprised to see a bigger corrective structure to form which may retest resistance around 57.19. It may not get that high but I am looking for another push up to set up another potential sell off. Also watch the trend line to act as support.
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