USOIL - Long Idea - Clear and Concise Wave Analysis
USOIL right now is at its most predictable.
Having completed most of the zig zag I thought I would outline the waves.
Having just finished Wave 1 and now a pullback in Wave 2 to .618 it is time to pull the trigger and put on a long position on with a stop below $55.75.
Target $84.59 or less.
Wave A is sharp. Wave C should slope slightly more than Wave A.
An algorithm can never see what a trained human eye can see.
Having completed most of the zig zag I thought I would outline the waves.
Having just finished Wave 1 and now a pullback in Wave 2 to .618 it is time to pull the trigger and put on a long position on with a stop below $55.75.
Target $84.59 or less.
Wave A is sharp. Wave C should slope slightly more than Wave A.
An algorithm can never see what a trained human eye can see.
