US Crude is in its final corrective Wave C, where it is about to complete Wave 4 in the $99–$100 zone before starting the final Wave 5 upward.
The bigger Wave C is projected to complete near $117, which corresponds to 123% of the bigger Wave A.
Short-term bias remains bullish until Wave 5 within the bigger Wave C completes.
📈 Bias: Short-term bullish
🎯 Key Levels: $99–$100 for Wave 4 completion, $117 for Wave C termination
⚠️ This is not a trade call and is shared purely for educational purposes.
The bigger Wave C is projected to complete near $117, which corresponds to 123% of the bigger Wave A.
Short-term bias remains bullish until Wave 5 within the bigger Wave C completes.
📈 Bias: Short-term bullish
🎯 Key Levels: $99–$100 for Wave 4 completion, $117 for Wave C termination
⚠️ This is not a trade call and is shared purely for educational purposes.
Trade active
US Crude appears to be in its Final Corrective Wave C Path...
Interest to know whether the Wave 5 withing Wave C will be extended or not..
It is difficult to plot the Internal Sub-waves within Wave C..
So, there is no cliear view that Wave C is going to terminate around $117 or it may go beyond that..
However the path is right...as soon as US Crude reaches $117, time to become bullish again...
Plan accordingly...
Alert: This is not a trading call and completely for education purpose.
Trade closed: target reached
Target acheived.....
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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.