Good evening traders!
Today let's look at Crude oil. Here we see price trading in a bullish development, with price particularly unfolding final sub-wave 5) of three. Ideally upside for sub-wave 5) will be limited around the upper Elliott wave channel line, near the 63.00 region, and from there a three-wave pullback into blue wave 4 will start to unfold.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
Today let's look at Crude oil. Here we see price trading in a bullish development, with price particularly unfolding final sub-wave 5) of three. Ideally upside for sub-wave 5) will be limited around the upper Elliott wave channel line, near the 63.00 region, and from there a three-wave pullback into blue wave 4 will start to unfold.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.