Odds favor that the correction isn’t over yet. The short-term oil Elliott wave structure continues to appear as a flat or complex double-three correction. WTI traced out minuette wave (i) impulse already. We should be now in minuette wave (iii) to the downside
The subsequent drop will most likely reach into April before the correction reaches a proper size in terms of time and space.
S/L : -3.5% loss
T: 8% Gain
The subsequent drop will most likely reach into April before the correction reaches a proper size in terms of time and space.
S/L : -3.5% loss
T: 8% Gain
Trade closed manually
something else than expected plays out here... gettin' out for the time being-0.32%
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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.