This harmonic xabcd pattern in oil seems to be repeating itself quite regularly, either deep or shallow with a corrective phase following/preceding sometimes. Maybe currently forming another x-a leg.
Just an observation .
USOIL
Just an observation .
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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.