US OIL - Going lower after this correction !

Price made a nice Leading Diagonal from ~66.50 to ~60.00

We are now in a correction which might find resistance around 64.00
where we can find the 61.8% retracement level,
the 1.27 projection of wave (a)
and the upper channel line.

If the price goes above the 78.6% retracement level, it's an early sign that a new top might be coming,
therefore invalidation the count.

הערה:

Don't hesitate to like and share my ideas
Also, Subscribe to my FREE Telegram Channel for MANY more updates
t.me/em16public


If you have any questions, reach out to me through
comments, chat or my Telegram t.me/em16trading

הערה:

f you have any questions, reach out to me through
comments, chat or my (NEW) Telegram t.me/ewbelgium

הערה:

It's going for an impulsive wave up it seems.

הערה:

Price came down after 5 waves up.
This chart was shared with my subscribers first

הערה:

and now

הערה:

Price went even lower.
Currently in a correction, so, expecting more weakness

הערה:

Position closed just in time !