thienlovv

Is Crude OIL bottomed?

Long
thienlovv Updated   
TVC:USOIL   CFDs on WTI Crude Oil
It looks like ABC almost hit Fib 1.382 extension at $73 but on the other hand wave C is almost completed with 5 waves 1.618. RSI already showed a double divergence.
My guesses for entries are $80, $78, $73.
All the correction from March is about to complete of primary wave 3. We could retest $129.
Comment:
Wave 5 is forming an ending diagonal (I believe).
Comment:
I apologize I think fib 1.236 is a better for this correction. $78 is my target now.
Comment:
Bullish since pandemic
Comment:
$78 just hit today. Looks like it needs one more leg down. $76 could be the bottom.
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