Crude Oil looks to be moving in a Triangle (Elliott Wave)
After completing Wave 3, it seems that Crude Oil is stuck in a sideways movement as of now which looks most likely as a Triangle.
A break above 48.35 or 49.93 would say that things are otherwise.
Overall I expect one leg up after the completion of this pattern for Wave 5.
I will update further as this market progresses.
A break above 48.35 or 49.93 would say that things are otherwise.
Overall I expect one leg up after the completion of this pattern for Wave 5.
I will update further as this market progresses.
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Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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