Crude Oil: Elliott Wave Analysis

Crude Oil: Elliott Wave Analysis

Gregor Horvat  | Jan 11, 2019 10:23AM ET

Hi traders,

Crude oil made a nice five-ave recovery within wave 3 as part of a bigger impulse. Current drop that we now see is part a wave 4 correction, which can look for support near the 50.25 level, and near the Fibonacci ratios of 23.6/38.2.
1-Hour Crude Oil

Gregor Horvat

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Rastislav Romanec
Rastislav Romanec

So still uptrend.  ... (Read More)

Jan 11, 2019 04:30PM GMT· Reply
vaibhav joshi
vaibhav joshi

thanks  ... (Read More)

Jan 11, 2019 04:04PM GMT· 1 · Reply
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