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fract
Jun 12, 2017 3:48 PM

usoil (1) 

Crude Oil (WTI)FXCM

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continuation

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Comments
5898928
this is realy nice chart
hungbui
Hi @usoil would you mind to explain your chart please? What is this going to do on Monday?
fract
@hungbui, This graph doesn't need any explanation due to the fact that it already shows significant levels, regressive lines, channels and scenario fractal. I think that there is a potential way for further decline as the market is not fully oversold. As far as I'm concerned, we're making wave C :)
fract
@hungbui, you probably need the following chart instead of current :D
hungbui
@investa, thanks for this. Am I right in thinking your chart showing both possible scenarios for bullish and bearish and the red arrows showing the bearish trends in coming days/weeks. It is looking v good. I'm still quite new to this so sry about the questions. Many thanks
hungbui
Also, is this heading down to 44.90 (crossed lines) is the first target?
fract
@hungbui, yes, one of the potential targets
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