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Crudeselling

Is Crude Oil Gonna fall Short term Eliiott Wave AnalysisFrom the low of 47 it seems that the Oil market has reversed, atleast for the short term. As of now it looks like the 3rd leg up is complete, however the placement of the double bracketed 5 is certainly questionable. Therefore I'm discussing setups for both directions, please keep in mind that the analysis is for short term. If this market goes below the black trendline and retests is as a resistance then most certainly Crude will go down till the region of 50 - 49.30. On the other hand if this market breaks the recent high then it can achieve T1 51.20 T2 : 51.50 I will update further as this market proceeds
TVC:USOILShort
by NeeravYadav