Alternate Count For USOIL
Another 5 wave (green) leg down to area 123.6 fibs extension and 50% retracement of wave 3 Light blue is also possible if we assume the red wave does not complete yet.
Note
the previous green wave 4 is a triangle. sorry, my bad Note
I think the red Wave 4 is unfolding as running flat as for now that i see it meets all the criteria for running flat. 
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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.