Crude Oil and Natural Gas - Bearish Reversals

Atualizado
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

Nota
snapshot
Nota
WTI can drop hard here.

snapshot
Trade ativo
Selling Crude Oil. Expecting a BIG drop...

snapshot
Nota
Last rise and then Crash for Energy.

snapshot
Nota
Updated Wave Count for WTI.

snapshot

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

snapshot
Nota
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...

snapshot

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

snapshot

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

snapshot
Nota
Expecting WTI to crash at or slightly above the $80 mark.

snapshot
Nota
Bounce incoming for Natural Gas.

snapshot
Trade ativo
Looks like Natural Gas will bounce from around here, while Crude Oil is getting ready to drop quite hard.

snapshot
Nota
Selling WTI

snapshot
breakoutCrude OilElliott WaveEnding DiagonalNatural GasNatural GasoiltradingParallel ChannelWedgeWTI

Também em:

Aviso legal