Crude Oil - Higher to complete wave ((iii))

Name: Crude Oil - Higher to complete wave ((iii))
Uploaded: 2022-01-24T08:04:38.273159
Channel: tradezign
Description: As for now. We are expecting price to move higher to complete wave ((iii)). Using Fibonacci multiple guidelines within impulse wave, reasonable target for wave ((iii)) is at 1.618 relationship compare to wave ((i)) movement. Our invalidation level is set at 82.98. – Pengiran.

Long

SPDR Select Sector Fund - Energy Select Sector (AMEX:XLE)

Updated

AMEX:XLE SPDR Select Sector Fund - Energy Select Sector

Elliott Wave tradezign Crude Oil

elliottwaves tradezign crudeoil

As for now. We are expecting price to move higher to complete wave ((iii)). Using Fibonacci multiple guidelines within impulse wave, reasonable target for wave ((iii)) is at 1.618 relationship compare to wave ((i)) movement. Our invalidation level is set at 82.98. – Pengiran.

Trade closed: target reached

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