1204 USOIL this is just a thought not a trading signal yet
USOIL has made itself up to reach the blue resistance zone where it has a possible reflection point on the channel.
This could be the end of main 5th wave which has a high possibility of reversal.
But right now we are not looking for reversal becoz it seems too far from current political situation.
I am looking for a possible correction from E to next reflection point.
Similar thing is happening on RSI too. Looking for a pullback down to 50.
LESS IS MORE!
This could be the end of main 5th wave which has a high possibility of reversal.
But right now we are not looking for reversal becoz it seems too far from current political situation.
I am looking for a possible correction from E to next reflection point.
Similar thing is happening on RSI too. Looking for a pullback down to 50.
LESS IS MORE!
