#USOIL before we celebrate the end of correction let me cast some options of what wave b can look like.
Note
I attempted to illustrate the perplexing diversity of possible outcomes. My only conclusion at this point is that, even if the outlook is correct, there will be a period of 'expected' uncertainty during which the price is unlikely to trend. However, there may be significant movements and bottom-picking opportunities. I would not recommend shorting because it would be against the trend and thus risky.Note
Note
Also there is a possibility of 3 type of triangles and 5 types of wxy combos and doublezigzag.
➡️t.me/charta_energeia — regular Elliott Wave and trend analysis on Oil, Gas, and Crypto.
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➡️t.me/charta_energeia — regular Elliott Wave and trend analysis on Oil, Gas, and Crypto.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.