USOIL Update 🛎️

Oil has exhausted me by its buoyancy. It is very close to invalidation line and statistically it means that the scenario is getting sour. However, technically the bearish case is still alive. The recent advance came out as an expanding diagonal within expanding diagonal, kind of fractal. The Fibo relationship of waves a-c in this last bit is close to ideal 1/1. I keep asking myself if it is too good to be true.

I started looking for bullish alternatives in case the price penetrates invalidation line but so far I have not found a compelling one.