GMR-Capital

US Oil - Last downward leg - Pt.4

TVC:USOIL   CFD Petrolio WTI
Hello traders!
In the previous sequence of posts, during last months we argued that OIL was about to conclude a triple three correction in cycle wave (2).
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We identified the count in the above chart after the bearish triangle that led to this last leg up.
We already took profit our shorts as posted, so now we are waiting and monitoring the conclusion of this C wave.
We will soon update about the following possible scenarios on OIL.
Bests,
GMR
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