Kirahehe

Oil has Bottomed

Long
Kirahehe Updated   
TVC:USOIL   CFDs on WTI Crude Oil
I think that the correction of Wave 4 of light blue has finished as there is 5 wave of Wave C. Furthermore, it has reached 100% extension of Wave A. Another confluence is that the area of 100% extension of Wave A is the zone of previous wave 4. I would like to see the Wave 4 of C taken off for more conformation. As for now, the previous wave 4 of C on the lower timeframe has been taken off and i use it for my conformation for my entry with SL a bit below 89.4. The alternative count is that Wave A of larger degree has finished and a rally of 3 Wave move to create Wave B of larger degree.
Comment:
HIt invalidation

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