A correction is expected From 54.90 and 55.25 To be straight landing targets 51.09 50.23 49.49 48.98 Of course all the correction was down Strong all the height was stronger Personally, I expect to fall to 50-49 levels NYMEX:WTI1!
OIL , They Have 3 Wolfe wave (x,y,c) all this Wave its Bearish & may any Wave Correction for any Fibo Resistant , I would Say the price can bullish to (54.55 in the daily frame and go Down) In 4 Hours Frame all the Target in Chart , and Good Entry To Sell after 52.89 T1 @ 52.17 T2 @50.66 T3 @ 49.22 Note that there is saturation of my purchase and be careful may...
The short price targets: 53.27 - an average of 31 days 52.87 which is the wave 3 support 52.47 Fibo 88.6