USOIL End Of Correction Hints at New Impulse
In the long term, USOIL could form a triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The primary waves Ⓦ-Ⓧ-Ⓨ seem fully completed. Since December 2022, the market has been moving in an upward primary wave Ⓧ. Perhaps it takes the form of an intermediate double zigzag (W)-(X)-(Y). Now prices are moving higher in the final actionary wave (Y). The […]
USOIL Rebounds as China Eases COVID Restrictions
USOIL, DAILY 2023 is likely to be a year of change, as the economy emerges from one of the most difficult periods of the 21st century. In 2022, interest rates were soaring globally, Inflation soared, there was chaos in the distribution of goods and services and war in eastern Europe. Perhaps this year, too, could […]
USOIL Triple Zigzag Heads to $100!
USOIL suggests the formation of a triple zigzag pattern Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The primary waves Ⓦ-Ⓧ-Ⓨ seem to be fully completed. In the last section of the chart, we see the formation of an ascending primary intervening wave Ⓧ. This takes the form of an intermediate double zigzag (W)-(X)-(Y). The final wave (Y) will likely end near […]