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Fomenka
Jan 25, 2023 1:49 PM

USOIL Update ⚡ 

WTI CRUDE OILTVC

Description

The price seems to be in the midst of impulse wave (i) down. If the channel is respected (will be clear within couple of hours) the price is likely to go into freefall in wave v. Waves i and iii were moderate so we can expect an extension in wave v.

After that there is likely to be a bounce in wave ii.

Order cancelled

nope. wave v has finished at 79.34 and now the price is correcting before turning lower again
Comments
achieee
have you ever been right in your analysis
Fomenka
@achieee, almost always and never. Depends how you determine 'right'
TheCryptagon
Keep up the good work.
TheCryptagon
Solid idea, the longer time-frames also confirm your arguments. Thank you for your work!
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