Looks like the counter trend up move for Crude Oil is currently in progress and from an Elliott Wave perspective we are seemingly in W.C of the Flat correction .
The minimum upside target has already been achieved and the market seems to be heading towards the white resistance zone , which will also act as next target area.
The minimum upside target has already been achieved and the market seems to be heading towards the white resistance zone , which will also act as next target area.
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Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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.
Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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.