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WTI (USOIL): DAILY MONITOR (TECHNICAL ANALYSIS)

FX:USOIL   CFDs on Crude Oil (WTI)
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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Comment: WTI WORKING A SUPPORT AREA
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hello i still believe we are in wave 3 , what do you think ?
+1 Reply
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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