Following the news, the increasing demand, the forecoming winter, the decreased supply...
Fibonacci levels and Elliot waves perfectly match the scenario.
We had a massive 12345 impulse wave since the lowest price during COVID
We can clearly see the ABC correction wave.
It seems that we currently running another 12345 impulse wave, currently beeing on the ABC correction pattern of WAVE 2. Price tries to break the B wave of the correction pattern.
If price breaks that level then, given the fundamentals, can anything or anyboady stop oil from reaching $100?
Fibonacci levels and Elliot waves perfectly match the scenario.
We had a massive 12345 impulse wave since the lowest price during COVID
We can clearly see the ABC correction wave.
It seems that we currently running another 12345 impulse wave, currently beeing on the ABC correction pattern of WAVE 2. Price tries to break the B wave of the correction pattern.
If price breaks that level then, given the fundamentals, can anything or anyboady stop oil from reaching $100?
