Simple chart analysis for OIL
Two E.Wave finished on the uptrend side. ABC finished. Smaller uptrend is forming, similar to eurusd structure. Wating for second ABC finish chart pattern.
Note: Whales will get short now, so it will be safer to go bullish and risk it.
- I put fibonacci on E.W. 0 to 2 peak and chart reachs 300% or higher. Since structure is similar, even if it's small, it should be fine to say it will go up to reach 300% or higher.
Note: Whales will get short now, so it will be safer to go bullish and risk it.
הפקודה בוטלה
עסקה פעילה
*First setup plan was perfect predicted. I apoligize for the comment I writed down.
*Chart is going bearish for volume correction but on oil it can't be identified where will end the correction.
*It's a risky trade but for now it is good.
הערה
Oh,the C doesn't belong there, sorry. A to B is in process.עסקה פעילה
Trade can be cancelled.
כתב ויתור
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