CFDs on Crude Oil (WTI)Updated MEDIUM TERM VIEW
This is my favour medium term view of crude oil on daily timeframe. Current structure indicates we are in flat ABC correction 3-3-5. Point C should ends slightly beyond point A and then uptrend should be resumed with next wave terminates around 74.00.
Note
Note
Running flat instead of regular however reversal points have been not too far from initial projections and target has not changed
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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.