elliottwaveretracement

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max_andronichuk max_andronichuk USOIL, 120, Long ,
USOIL: 2 Scenarios for Oil, the only question is "How High?"
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USOIL, 120 Long
2 Scenarios for Oil, the only question is "How High?"

At the risk of sounding like a broken record player, another bounce is on the cards. I say bounce because it's due to be "corrective", which means there will still be a new low to follow. Currently we can see that the divergence on the MACD is even greater than when we were looking for the red wave iv, a MACD "buy" signal could provide a great entry for the short ...

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