OIL DOOM !
We have finished our retrace ABC and coming back to a textbook W 4 top of the down leg D time frame
All good things come to an end and so OIL will continue its bear trend
Look for a retrace for W B anything 60.20+ is in the kill zone
T 1 is 56 or W 4 of the retrace
T2 roll stops as this could get ugly as We build a impulse down to a potential of $35+ on the long term
All good things come to an end and so OIL will continue its bear trend
Look for a retrace for W B anything 60.20+ is in the kill zone
T 1 is 56 or W 4 of the retrace
T2 roll stops as this could get ugly as We build a impulse down to a potential of $35+ on the long term
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