OIL ANALYSIS & SETUP - Phase C completion suggests quick rally

NYMEX:CL1!   Light Crude Oil Futures
Phase C Completion suggest a quick rally above $57

Pattern Confirmation: Rally into short term overbought at above $59
Pattern Failure: Close above $53.50
Trading Minimum Target: $51 count line + (25 boxes* 1 reversal * 0.5 box size)=$63.50

Campaign Minimum Target: $51.50 count line + (48 boxes * 1 Reversal * 0.5 box size)= $75.50

Happy Trading!
Wyckoff Method Trading and Education
Stocks. commodities, Indexes, Currencies
Roman Bogomazov

Alessio Rutigliano
Free blog https://www.wyckoffanalytics.com/wyckoff-in-the-world-of-cryptocurrency
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out