In my previous chart on 
USOIL, I forgot a general rule of the Elliott wave pattern: wave number 4 doesn't overlap with wave 2.
Well okay, it overlapped slightly... But as soon as it did it jumped up. It seems like wave number 4 is completed and we are now moving up again.
I'm hoping the price still goes down a bit so I can get a nice entry, otherwise, I might just have to skip this leg.
It is never a good idea to chase a price. Just set an entry and a target and stick to it.
USOIL, I forgot a general rule of the Elliott wave pattern: wave number 4 doesn't overlap with wave 2.Well okay, it overlapped slightly... But as soon as it did it jumped up. It seems like wave number 4 is completed and we are now moving up again.
I'm hoping the price still goes down a bit so I can get a nice entry, otherwise, I might just have to skip this leg.
It is never a good idea to chase a price. Just set an entry and a target and stick to it.
Nota
well the candle on the 6th of October was unexpected haha
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.