A great opportunity to long more oil
As shown in the chart. I think the USOIL has created an extension instead of a 5 waves run. In other words, I am confident that there is going to be at least another bull run before more downside. I added at 25.27, which was where wave 1 reached. I am patiently waiting for oil to rebound to 27 again, and will close 75% of my long position at that level.
Good luck
Good luck
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