VK100982

Crude has lot of scope for Upside

TVC:USOIL   CFDs on WTI Crude Oil
Hi

In this wave analysis, would love to share that 5.(i).(3.3) looks completed as in larger degree Crude has upside move towards 90 to 108.

Current fall looks like Wave A is completed in 5.(i).(3.4.a) as fall looks impulsive & tested high again in no time looks impulsive & wave 4 always time consuming....as of now I won't suggest to enter in long position would have wait & watch for entry @ 75.

It is just a study the same thing market has to confirm.....lets watch how things unfold from here on.





Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.