Not already down to the downside. Expect a lower low and after that (well below 46.-$) a pullback to the area about 47.40$!
Hello Traders, USOIL did not made a new low in overnight Trading. I think it will be bottoming around this area in the next hours (it sems to me like an EDT in Wave (v) of (iii) circle or a truncated fifth wave could be possible?!?) Lets wait how traders will move the market!
Have a great day...
new lows after the news. Possible truncatet wave 5 of 3 is off the table. lay back and see..;-)