OmarJundi

Oil Little dirty game of patience

FX:USOIL   CFDs on Crude Oil (WTI)
USOIL Might have finished its wave 4 of C correction for a final leg up above 51.50$

The above is more likely due to the daily Doji so expecting a turn to the upside next week

The up leg might even extend to 60$ level. whereby at these levels USOIL i expect that the Major ABC correction would finish and the continuation downwards to sub 25$ level

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.