Manish_Kumar1

CRUDE OIL SLIPPING ?

Short
NYMEX:CL1!   Light Crude Oil Futures
0
Crude oil appears weak and having completed an A on downside to 43 $ and a corrective B to the up around 48$ quite likely the C down has started which should be a five wave impulse.

A break of the current trendline support at 45 $ will confirm first the fall to 43 $ and subsequently lower levels
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.