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HomeContributorsTechnical AnalysisFlat On Crude OIL Targets 53.0/52.0 Zone - Elliott Wave

Flat On Crude OIL Targets 53.0/52.0 Zone – Elliott Wave

Elliott Wave Financial Service
By Elliott Wave Financial Service

Crude oil is still trading in a corrective wave B as part of expanded flat correction that can jump up to 61,8% Fibo. retracement and 56 level, from where we should be aware of another decline for wave C down to 53-52 support area and this is where a three-wave A-B-C correction may come to an end.

Crude oil, 30Min

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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