Crude short-term outlook
Updated
Thanks for viewing. Just a super quick update.
Some retracement upwards starting this week, maybe not as much a 0.5, maybe more before starting wave C down.
Wave (1) extreme (if it is wave (1)) is $55.18, so any drop below this price will invalidate the count - unless it is just by a wick.
Wave (5) target still $89+
Some retracement upwards starting this week, maybe not as much a 0.5, maybe more before starting wave C down.
Wave (1) extreme (if it is wave (1)) is $55.18, so any drop below this price will invalidate the count - unless it is just by a wick.
Wave (5) target still $89+
Trade closed: stop reached
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.