USOIL H4 Chart Update 13-03-2023

USOIL Elliott Wave Technical Analysis

Function: Follow trend

Mode: Motive

Structure: Impulse

Position: Wave V

Direction Next higher Degrees: wave (a) of Zigzag

Wave Cancel invalid level: 80.83

Details: A drop in price below 74.75 makes for a more reasonable change in the counting of the triangle pattern. and the thrust behind the triangle pattern was measured at 57.88