Crude Oil seems to have completed a complex wave 4 correction on the daily charts and a flag will be confirmed on the daily as soon as it breaks the channel lines. As can be seen on the hourly chart Wave A of the complex correction was a zig zag, wave B was a triangle and wave c was a 5 wave down move. The break above 77.70 yesterday favors trading alongside the bulls.
No comments:
Post a Comment