USOIL 2024/10/06
Analyzing the chart in the D1 timeframe, we see that price is in the last wave ABCDE triangle correction. In triangular corrections, the E wave is generally expected to be between. 0.50 and 0.618 of the length of the C wave
How can it be traded?
- The wave B correction can be followed and traded for wave C.
- Wave C can be followed and traded for the next big impulse.
How can it be traded?
- The wave B correction can be followed and traded for wave C.
- Wave C can be followed and traded for the next big impulse.
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