Hello traders,

Lets review this weekly outlook first.
10.16-10.20 USOIL weekly outlook


This week, we were expecting weekly trend to be continued.
And it is continuing with a fice-wave trend here.
Check this right chart first, you can see that I am assuming wave 2 is still ongoing with lower 5 WAVES( RED).

Oil could eventually hit last high and breakthrough to make a new high next week.

GOOD LUCK ON PLANNING TO BUY.
LESS IS MORE.
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Chart PatternsTrend AnalysisusoilanalysisusoillongWave Analysis

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