Hello traders,
USOIL has been rising so long. And without any good news to push it up again, it could turn down for a correction.
It has made a bearish daily candlestick on Monday. It has made up to FIbo 1.414 position of daily WAVE A.
Now back for a correction, it could down to test FIBO 382-500-618.
But should wait for B position to confirm on 4H right chart.
GOOD LUCK ON THIS PLAN TO SELL FOR A CORRECTION.
LESS IS MORE!
USOIL has been rising so long. And without any good news to push it up again, it could turn down for a correction.
It has made a bearish daily candlestick on Monday. It has made up to FIbo 1.414 position of daily WAVE A.
Now back for a correction, it could down to test FIBO 382-500-618.
But should wait for B position to confirm on 4H right chart.
GOOD LUCK ON THIS PLAN TO SELL FOR A CORRECTION.
LESS IS MORE!
Comment:
Comment:
USOIL has not finished correction yet.
It has been rising for such a long time.
A healthy correction could help it make a new high later but not now.
It has been rising for such a long time.
A healthy correction could help it make a new high later but not now.