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13/4/2023 CRUDE OIL INTRADAY ELLIOTT WAVE ANALYSIS

Long
NYMEX:CL1!   Light Crude Oil Futures
CRUDE OIL
HOURLY CHART

IDEA: Higher to complete wave 5.
Invalidation for this idea is set at 79.37 where wave 4 ends.
Expecting price movement toward 38.2% and 61.8% area using Elliott Wave wave 5 projection guideline and channeling technique.

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