WTI has completed a series of patterns: AB=CD , 5 Waves and is currently it working the corrective structure (ABC). Support at 46.66, if it will be broken, possible consolidation at 44 .33$.
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We hope that our analysis can help you in your trading and if you are interested to receive real-time updates about this analysis, click on "I Like" BUTTON on the chart
... thank you very much!!
SignalSwiss
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Comment:
WTI WORKING A SUPPORT AREA
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Nice chart, thank you! We prefer to think that we are in 5 until it completes the corrective strutture (we are testing already an interesting level), because, really, we cannot rule out this possibility. Today's closure will be very important to us.
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