traderpulse
Short

US Crude Oil wave analysis

TVC:USOIL   CFDs on WTI Crude Oil
Crude oil ended its near-term bull cycle at the highs of $60.
It completed it 5-waves and also its wave a and b in the corrective structure.
Now the wave c which was on the cards has come to play with the formation of evening star pattern at the critical resistance.
Hence, we expect the oil counter to move down to the mark of 57.08.
Jul 02
Trade closed: target reached
@traderpulse, great call.
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@miket56, Thanks for your comment....
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