USOIL
This is my view on what is potentially to come over the rest of the month. After a triple top this month we can say with relatively high certainty that the monthly top has been reached. The way here on out is down. Based on Elliot wave theory we have concluded the 5th wave meaning a correction in the price should be on its way. The waves that I have drawn represent the potential levels that I expect to be tested.
USOIL
This is my view on what is potentially to come over the rest of the month. After a triple top this month we can say with relatively high certainty that the monthly top has been reached. The way here on out is down. Based on Elliot wave theory we have concluded the 5th wave meaning a correction in the price should be on its way. The waves that I have drawn represent the potential levels that I expect to be tested.