like the chart, we are in a down trend channel, and the price near the trend line by flat pattern. it looks like a wave 4, if it is right then sell it is a good idea. if it is not then we need wait the price beakeup the trend line and pullback trend line to buy. good luck for you!
in fact, this break is the daily level too, so keep your eye on it. note: just to sell after bueakout,don't advance join it!
now we are in a impulse wave in daily level, so keep this direction and wait a corrective wave in 4H chart to sell.
that is my pint of vies about USOIL, i am waiting for it break up to buy.
wait for break down to sell after triangles pattern daily chart:
wait for break down to sell after triangles pattern daily chart:
Corrective Wave(ABC) may be over after Impulse Wave,Im waitting for a breakout to sell it
The same double bottom, the same results?I don't know ,just do it
An Ending Diagonal is running, when it has over,Corrective Wave will be coming. buy is a good idea when corrective wave retest trendline and fib retracement
As shown in the chart,Ending Diagonal of wave (C) is running.end point is a PRZ (Extension of impulse & Retracement of wave (A)) and up trendline,
As shown in the chart
daily chart(a3-b3): daily chart(c5): daily chart(big C): weekly chart(big A-B-C):
in the mounth chart, we are in an Ending Diagonal. last post chart: