USOIL-Expecting a running flat in wave 4 and W) or i) to 90?
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Market Commentary:
1. Currently we are in the wave "C" of 4 of W) or i) as i shown here, will complete @ 101 approx.
2. Once it completed it could be wave W0 as a connecting wave for further bearish or wave i) too.
3. Once wave X) or ii) in 3 waves making a STOP @ the invalidation 129.5 for the TP below 75$.
4. Wave X) or ii) wont be simple it will took more time to reach 109-110 to retest that zone.
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