I'm looking for the next leg lower in US Oil. This could either be a wave C lower towards 50.0.
But we have to look at it step by step and I will update this post regularly.
But we have to look at it step by step and I will update this post regularly.
Note
I'm looking for 'ideal' scenario's when trading. When it comes to US Oil the following is what I'm looking for.Note
USOil moved as expected for the sell. Let's follow the structure lower to determine what's next.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.