aibek
Long

USOIL. UPDATE. WAVE a is done we are in wave b of (C) of {4}

FX:USOIL   CFDs on Crude Oil (WTI)
Yesterday was nice day for buyers.

So as per plan small wave a is done (almost where I put it - without calculations it was 46.92 and price reached 46.71)
Now small wave b in progress.
Added simple yet effective classic support trendline which will be touched at 45.04.
It coincides with the 61.8 Fibonacci retracement level therefore double support at 45.00-45.20 area.
I will wait to buy there with stop at 44.21

Best of luck!
5 min minuscule view
snapshot
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aibek aibek
Bought on break up
Seems we got 3 wave c not 5 wavish
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aibek aibek
stop right below today's low 45.3
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15min microview
snapshot

red horizontal is invalidation I will buy on break of it
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aibek aibek
we were very close 2 pips away only
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