CFDs on WTI Crude OilUpdated USOIL - Elliot Wave & Flag Bearish
USOILNow in the h4 trendline of oil is going on downtrend , this is probably the case with news influences. now in the $ 60 price the oil had a bearish flag where the seller broke it. And a full wave of elliot wave is expected from 1 to 5 , where the first four (1,2,3,4) waves are formed , and only fifth wave is expected (Wave 5?).
In the following comment you have and education over 5 (WAVE) of Elliot Wave.
Trade active
EDUCATION - Elliot Wave *Bearish & Bullish*Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.