USOIL is at the end of its first wave, Leading Diagonal, and targets 38.
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Sell Signal will trigger once the lower trend of the rising wedge gets broken.
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I expect the wedge to break down any time soon. Good Luck!
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Uptrend broken.
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USOIL is in wave E of X.
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Time to approach B target.
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This weekly candle has a lot to say ;)
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Line Daily Chart. Broken uptrend.
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Approaching target.
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Allow it to go lower this week.
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Heading toward target.
Trade stängt: målet nått:
Oil might go lower but this level is good enough.
It's never been a free market and will never be.