CFDs on WTI Crude Oil

Long

Crude Oil Long Trading Setup (Elliott Wave Analysis)

Updated

Looks like we are in a Zig Zag correction up to complete Wave 4 and the Wave C of the Zig Zag has just started.

Note

Note : Today being roll over to July contracts there would be low volumes in June, trade only in July contracts.
Additionally since July contract is trading higher already that limits out upside and makes this a bad Risk to Reward setup.

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