Buy CL(Crude Oil) in Short TermTechnical Analysis:
- As you can see in the chart, the medium term correction is finished in the wave II in red. Now we expect that CL(Crude Oil) goes up at least in 3 waves to around $105
- H1 & H4 Right Side are Up
- CL seems strong in short term
Technical Information:
- We like to buy CL in wave (2) in blue around $77 as hedging