WaveAnalysis
Short

USOIL Short Trade Setup

FX:USOIL   CFDs on Crude Oil (WTI)
Hello Traders

The green B wave was a little bit sharp for a correction but oil makes a lot of sharp corrections. That's why I'm looking at that structure as a whole correction. In this case, the drop should be the reversal impulse and after that, it made a regular flat. Now, I'm waiting for a lower degree reversal pattern to place a pending order.

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Trade with care.
Bulent
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