Technical Analysis:
- Crude Oil(CL) is doing a ((W)) ((X)) ((Y)) correction structure in Daily Chart
- We expect that the correction will be completed at around 50 -55 where the smart buyers will appear
- In short term, It's doing wave ((X)) in black once it's done we can forecast the entry area more precisely
- H1 & H4 right side are turning up
Technical Information:
- Don't sell CL in short term
- Wait for the correction to be completed in wave II in red in order to buy
- Crude Oil(CL) is doing a ((W)) ((X)) ((Y)) correction structure in Daily Chart
- We expect that the correction will be completed at around 50 -55 where the smart buyers will appear
- In short term, It's doing wave ((X)) in black once it's done we can forecast the entry area more precisely
- H1 & H4 right side are turning up
Technical Information:
- Don't sell CL in short term
- Wait for the correction to be completed in wave II in red in order to buy