Get started
card221111

CRUDE OIL is very close to finding lows for some time

Long
WTI Light Crude Oil (BLACKBULL:WTI)  
card221111  
BLACKBULL:WTI   WTI Light Crude Oil
Technical Indicators Chart Patterns Contains IO script
3
0
indicator chartpattern containsioscript
As mentioned before, Crude Oil is going to find lows very soon. I believe we are in a WAVE C of a correction, and need to finish 5 waves within that C, as labeled in the chart. After we get this finish, it is very safe to say crude oil has found a low for some time. Regardless of Elliot wave, we need to get in via confirmation. That means at the minimum we want to see 30 min swings being taken out and so 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.