Oil might have finished the first stage of correction

NYMEX:CL1!   Light Crude Oil Futures
A clearly five waves up was shown in oil daily chart . Oi has retraced 61.8% of the last down trend.

It seems that Oil has finished the first stage of correction. It might go back to 36.3.

Good luck for everyone!


Oil price tomorrow any opinions.
+1 Reply
Nice drop down!
+1 Reply
You are welocme. Have a nice trading!
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