OIL last 10% up potential

Updated
Oil is in a uptrend, but there is some big resistance at the 178 levels. I expect a correction when it hits those levels.
Comment
The above is only valid if it can not break the big downtrend line. If it breaks expect some heavy bull run on the price of OIL
Chart PatternscorrectionOilpotentialTrend AnalysisuptrendUSDWave Analysis

Disclaimer