WTI crude oil correction W1

Guys, crude oil is in a corrective mode. On the weekly time frame, we see it has not reached the 38.2% Fibonacci retracement level which is the minimum price it should get to before resuming the bullish trend. We can look for entry on the lower time frame to get us to 54.84 area.
Chart PatternsHarmonic Patterns

Also on:

Disclaimer