CFDs on WTI Crude Oil
Long

Long entry at the completion of wave 5 ( 67.5)

According to basic wave trading, we are approaching wave 5. Taking an extension from wave 2 to wave 3 to wave 4 in order to determine wave 5. The completion of wave 5 according to the 1.13% extension we used is @ 67.5. A good long entry would be around 67.77 (1.13% extension) to TP-1 at 75.27 .

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