USOIL wave structure.

FX:USOIL   CFDs on Crude Oil (WTI)
5659 16 170
USOIL             is at the top of a possible down channel , if it breaks out of this channel then that will confirm the longer term up trend. There is a possibility for a retest of the lows before the yearly up trend starts.
I guess we will see very soon.

Trade with care
Thank for your support.
Training : add to skype mangal457
Hi Anil, Beginner at elliott wave so go easy if im way off.
A possible false breakout?
@anilmangal oil up to 59.55 soon. agree ?
hey anil.... have oil breckout from your down channel or it still needs to move higher for the breckout?
wait to see if it consolidate our of the down trend
+2 Reply
Top notch man
43.75 is a key level
same boat but i am not expecting above 50 dollar although it is possible but does not look convincing to me.
+1 Reply
Just wondered, why an outbreak is expected when there's not 5 waves yet. Can the sequence be interrupted like that?
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out