Lionheart-EWA

Crude Oil and Natural Gas - Bearish Reversals

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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

Komen:
Komen:
WTI can drop hard here.

Dagangan aktif:
Selling Crude Oil. Expecting a BIG drop...

Komen:
Last rise and then Crash for Energy.

Komen:
Updated Wave Count for WTI.


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

Komen:
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...


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


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

Komen:
Expecting WTI to crash at or slightly above the $80 mark.

Komen:
Bounce incoming for Natural Gas.

Dagangan aktif:
Looks like Natural Gas will bounce from around here, while Crude Oil is getting ready to drop quite hard.

Komen:
Selling WTI


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