USOIL chart remains within the prevously indicated scenario - www.tradingview.com/chart/USOIL/... with minor alteration of currently unfolding wave b.
A couple of scenarios are on the chart. The price can test the strong resistance level in wave c if it takes the shape of expanded flat (c travels beyond a high), alternatively a running flat would fail to reach the resistance level and will reverse sooner.
A couple of scenarios are on the chart. The price can test the strong resistance level in wave c if it takes the shape of expanded flat (c travels beyond a high), alternatively a running flat would fail to reach the resistance level and will reverse sooner.
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🌏 energeiacharta.com
⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
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📏 Chartopedia, with examples of applying ElliottWave to real world charts