Oil - Re-test Of Key Support With ABC Triggers Long Opportunity

By Jonny_Fortune
Price looks to be in a 3rd wave with the 4th wave just completing in an ABC Zig-Zag pattern and a re-test of key support - Clearing the way for a 5th wave up to the next key area of resistance highlighted on the chart. A rally in Oil should have a positive affect on the Canadian Dollar.
Chart PatternsForexOilTechnical AnalysisTrend AnalysisCrude Oil WTIWave AnalysisWTIwticrude

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