aibek
Short

USOIL. AT THE CROSSROADS

FX:USOIL   Crude Oil (WTI)
Hello there!

Crude oil             broke above previous high eliminating idea of 1-2 down.
Situation is very serious as we were 55 cents off the low in wave 1.
Break up would invalidate the count.
But I am optimistic about the count as if it would be an impulse up it should have different structure.
Here we have corrective structure with many overlaps, especially in the beginning.
Despite that we can have another corrective structure making more complex correction.
Cautious traders should wait for the price to break below 35 to be sure its a move down.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out