USOIL Update ⚡

The price seems to be in the midst of impulse wave (i) down. If the channel is respected (will be clear within couple of hours) the price is likely to go into freefall in wave v. Waves i and iii were moderate so we can expect an extension in wave v.

After that there is likely to be a bounce in wave ii.

Order avbruten:

nope. wave v has finished at 79.34 and now the price is correcting before turning lower again