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Oil might have finished the first stage of correction
Light Crude Oil Futures
Short
Oil might have finished the first stage of correction
By zhipengcfel
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Mar 19, 2016
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Mar 19, 2016
A clearly five waves up was shown in oil daily chart. Oi has retraced 61.8% of the last down trend.
It seems that Oil has finished the first stage of correction. It might go back to 36.3.
Good luck for everyone!
Crude Oil Futures WTI (CL1!)
Elliott Wave
Parallel Channel
zhipengcfel
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