Wednesday: USOIL – Week 25 for TVC:USOIL by INotFancy

USOIL is and has been on an uptrend for a while now, it keeps pushing up and making beautiful corrective structures. Watch out for a possible down-move that would create a bigger corrective structure. Of course, the down-move does not have to happen, the structure could continue up, but as I see it now there’s a probability for a down-move. If you’re a Pattern and Wave-trader you should have made an absurd amount of money by only trading USOIL . Take the time to study the USOIL chart, and you’ll discover that it constantly creates distinctive pattern structures that we can take advantage of!

I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.

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