aibek
Long

USOIL. UPDATE. wave b is done. target recalculated

FX:USOIL   CFDs on Crude Oil (WTI)
Hello friends!

Small blue wave b is done just 15 pips ahead of my previous update.
Red micro wave A is also done.
We are now in red micro wave B with possible targets at 46.13-45.98-45.83-45.64 (Fibo levels + trendline support)

The final target has been lowered due to weak blue wave a.
The blue wave c = 1.618 of blue a = 49.37 = recent maximum topped in large wave A (49.30).

Overall correction is still in progress up and we got new modest target.
But we are in the final phase be careful.

Best of luck!
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