SergeantPringles

USOIL - 4H - Inside Key zone

FX:USOIL   Crude Oil (WTI)
179 0 6
We are currently on the edge. the question is: B wave or one more impulse down?

If we can make new highs above the box, this will mean most certainly the confirmation of the B wave. try to look for shorts in the area of the B.
if we can however make new lows below the white box then i think another impulse down is likly.

note: another impulse down first would ofc             . mean alot more time spend in this ABC correction while a confirmation of the B wave would mean the ABC would be finished alot faster thought this year.
Comment: Note: whitebox ranges from 3735 to 3830
if you need a reason to go short below the decession zone. you could take this head and shoulders pattern
if you need a reason to go short at the B point you can take this shark pattern PRZ right at the 618 retracement.
snapshot
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out