The red arrow is the next target, I believe. The long term target, I have posted it at the "Monthly Wave Count for Crude Oil" analysis below.
These are just probabilities. It might go higher/lower than I've forecasted.
These are just probabilities. It might go higher/lower than I've forecasted.
Note
There is alternate bullish count for Crude Oil instead of the bearish count that I'm biased with. It will prevail only if price breaks 72.83.Note
Invalidation point HIT! I'll reassess my count soon.
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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.