Oil completed 5 clear waves near 74.30 per barrel, wave % can still be extended thats why we will be watching out for a final leg up and not put tight stop loss.
the expected next move is a 3 waves pullbakc that might retrace back reaching 68$ per barrel as a first target.
if broken we will be looking into a deeper correction.
the expected next move is a 3 waves pullbakc that might retrace back reaching 68$ per barrel as a first target.
if broken we will be looking into a deeper correction.
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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.