USOIL has made a sideways movement to break the blue channel. The red support seems valid still. The bollinger bands is narrowing down while price moving sideways. A possible correction could happen soon.
Excellent analysis Vera. We have the same long term bullish sentiment. But first this Triangle should break:
ElliottWaveBelgium
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Nice, got same analysis, I was looking for a nice correction at first but it looks like it's just a small consolidation before resuming the downside move & it's coming to an end now it seems
FUNTRADER-Vera
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@em16, Great chart!
But I dont want that happen .
HEHE.