USOIL continues ABCDE or going straight up?

US followed through on our forecast and now we have 2 options. It may continue going up and this will mean we are likely in a bullish trend to 60+ or it may decline to complete ABCDE as indicated in grey font.

I am opening a short position now with tight stops above (C). I have not decided yet how to play long in case we are in the bullish scenario.

ออเดอร์ถูกยกเลิก:

ok seem slike we're in a bullish scenario. This means we need to wait for 1 wave to form and enter at pullback.