Spent my time today to decode counts of the previous years in USOIL. My conclusion is that we are in WXY pattern which shall end at $20 somewhere by the end of the next year 2020. This will be the basis for shorter-term trades.
Oil is very interesting to analyse. Many scars and missed expectations.
Oil is very interesting to analyse. Many scars and missed expectations.
Commentaire:
sorry $20 by end of 2021, not 2020.
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⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
🗃️ Extensive analysis archives
📏 Chartopedia, with examples of applying ElliottWave to real world charts
