2809 USOIL still cant stop rising till Fibo 1.27
Hello traders,
See there are two pattens on this 4H USOIL chart.
One is the RED ABC wave was expected down to break low of last week.
The other one is the Cypher Pattern to drop from D position.
None of these patterns really happened.
USOIL just retest the low of last week and start to rise from there without any stop.
Now it is sideways in a small range in the Aisa morning. But check out again on EURO morning session, it could rise up again till New York session. The target now is hard to say SINCE buyers are getting crazy, and no one should try to challenge the trend.
Weekly Fibo 1.27 96.72 is where usoil is possible to reach.
No sudden news happen in the last two trading days of Sep could help USOIL up to there.
GOOD LUCK!!!
LESS IS MORE!
See there are two pattens on this 4H USOIL chart.
One is the RED ABC wave was expected down to break low of last week.
The other one is the Cypher Pattern to drop from D position.
None of these patterns really happened.
USOIL just retest the low of last week and start to rise from there without any stop.
Now it is sideways in a small range in the Aisa morning. But check out again on EURO morning session, it could rise up again till New York session. The target now is hard to say SINCE buyers are getting crazy, and no one should try to challenge the trend.
Weekly Fibo 1.27 96.72 is where usoil is possible to reach.
No sudden news happen in the last two trading days of Sep could help USOIL up to there.
GOOD LUCK!!!
LESS IS MORE!
