TVC:USOIL
āļŠāļąāļāļāļēāļāļēāļĢāļāļ·āđāļāļāļēāļĒāļŠāđāļ§āļāļāđāļēāļāļāđāļģāļĄāļąāļāļāļīāļ WTI
Yesterday I attempted to long USOIL and that was a mistake. The price is expected to test the falling line of the channel and retrace to new lows to finalise wave x. After that there are only 2 possibilities within that count - either a triangle, which is the base case (in green) or a flat (in teal).
As for trading - if the price tests the trendline as indicated I might attempt quick shorts. For the rest I will probably stay out.
As for trading - if the price tests the trendline as indicated I might attempt quick shorts. For the rest I will probably stay out.
ðĻïļ t.me/EnergeiaCharta
ð energeiacharta.com
âąïļ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
ðïļ Extensive analysis archives
ð Chartopedia, with examples of applying ElliottWave to real world charts
ð energeiacharta.com
âąïļ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
ðïļ Extensive analysis archives
ð Chartopedia, with examples of applying ElliottWave to real world charts