Crude Oil has overstretched its bear really.
According to Elliott wave, it requires a ABC correction for now.
Hence we expect it to be bullish for short term and reach the range of 49.52 from here.
According to Elliott wave, it requires a ABC correction for now.
Hence we expect it to be bullish for short term and reach the range of 49.52 from here.
Trade closed: target reached
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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.