USOIL - Nearing the End of the Trend - OIL Collapse Ahead
After OIL hits the $80 area and 5 waves up since 2016 are complete prices should collapse to around $15.
The rule of alternation means waves 2 and 4 are different in complexity.
Wave 3 slopes more than wave 1 which means that there is a lot of downside pressure and is only acceptable because this is a corrective wave.
Wait for a break of the trend line before confirming that this is the case.
The rule of alternation means waves 2 and 4 are different in complexity.
Wave 3 slopes more than wave 1 which means that there is a lot of downside pressure and is only acceptable because this is a corrective wave.
Wait for a break of the trend line before confirming that this is the case.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.