On this weekly chart, OIL could make a triangle
FIVE-WAVE grand super corrective wave, which
means it could make a strong rally up after.
So that is why we keep saying 72-73 is possible for
USOIL in a long run.
On daily chart, USOIL could run among this price zone for a while. And for current situation, it will drop down to the green or red line first before making a grand super impulse wave up to 72-73.
Good luck !!!
Cheers!
LESS IS MORE!
FIVE-WAVE grand super corrective wave, which
means it could make a strong rally up after.
So that is why we keep saying 72-73 is possible for
USOIL in a long run.
On daily chart, USOIL could run among this price zone for a while. And for current situation, it will drop down to the green or red line first before making a grand super impulse wave up to 72-73.
Good luck !!!
Cheers!
LESS IS MORE!
