WTI crude oil after Rejected from 200 DMA has completed wave 1. Wave 2 is also about to complete after retraced from 0.618 fib level of wave 1 high and low. Wave 3 will now start will bring it to previous low at 26 probably. Finally will target 21-22.
Note
WTI has double top at 42.25. It has reversed from the Double Top. New Lows are coming...Note
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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.