Get started
naveen_kumar_PS

Possibility of re-testing Previous Support - Crude Oil.

CFDs on WTI Crude Oil (TVC:USOIL)  
naveen_kumar_PS  
TVC:USOIL   CFDs on WTI Crude Oil
Trend Analysis Chart Patterns Elliott Wave
2
0
trendanalysis chartpattern elliottwaves
In the Near term Crude Oil is expected to correct to its previous support levels around $63 - $61. If breaks that could reach around $50 - $45 as seen in the Fib retracement Above. However, If it takes support from there , Crude Will continue its upward trajectory as seen in its long term trend.
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.