Crude oil correction targets Short

Crude Oil (WTI)FXCM

Description

⋅ Jan 11, 2016 6:57 AM

Possible C.z wave targets are: (1) B-wave 1.618 extension level of 30 (also S2) & (2) Support S3 of 26 relative to pivot.

Comments

cfetrader

⋅ Jan 11, 2016 7:09 AM

Another important target is 25.18, which corresponds to an equal major first & third wave (empirical) yield criterion.