RoboTrend

Crude Oil - SHORT to resume downtrend

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NYMEX:CLJ2018   Crude Oil Futures (Apr 2018)
From the 66$ high (where we assumed a truncated fifth wave), Crude Oil future shows a nice impulsive pattern. We can clearly see a corrective flat, that we assume is a wave iv, already ended or just one subdivision to the end. We were already shorting yesterday with tight stop, and it did'n work: today we try again with a looser stop, targeting new lows in a fifth wave down.
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