0704 P2/8 USOIL the uptrend is still not finished yet, but....
USOIL did make a small correction as we expected before.
But only back down to 61.79.
On weekly chart, USOIL has passed through 62 and is now targeting 64-67 inside the blue channel for its wave 5.
On its right daily chart, we see a new possibility for a correction down again that a reflection point could happen soon. But 62 is the end of our expectation of the end.
We should have a new signal for USOIL next week for 200-500 pips.
LESS IS MORE!
On weekly chart, USOIL has passed through 62 and is now targeting 64-67 inside the blue channel for its wave 5.
On its right daily chart, we see a new possibility for a correction down again that a reflection point could happen soon. But 62 is the end of our expectation of the end.
We should have a new signal for USOIL next week for 200-500 pips.
LESS IS MORE!
