Using Expanded Flat criteria (Wave B = 123.6% of wave A and Wave C = 123.6% – 161.8% of wave AB), we could see WTI price would try retest price 40 and 41 MACD already make a bullish divergence.
As long as Wave A didn't break under Wave 4 / Pivot Points Monthly (+-39) and stay above Fibonacci Channel as a trendline.
As long as Wave A didn't break under Wave 4 / Pivot Points Monthly (+-39) and stay above Fibonacci Channel as a trendline.