USOIL appears to be reaching a retracement B wave top here after the massive previous blow off top.
Plenty of bearish RSI divergence - it could still probe a bit higher but if it falls from anywhere within the fibs here it should get back to 83.4 ABC 1:1 for first leg down where there is support.
Not advice.
Plenty of bearish RSI divergence - it could still probe a bit higher but if it falls from anywhere within the fibs here it should get back to 83.4 ABC 1:1 for first leg down where there is support.
Not advice.
Comment:
On target so far.
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