The advance in oil reached 38% of the proceeding wave and that enough for correction wave to completed but not rule. There is a missing uptrend wave which is the last wave in cycle take price above $36. The wave 4 seems to unfold as a triangle. Good Luck.
Note
Nice marketNote
More than $5 gain. $5000 for 1 standard lot.
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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.