Crude Oil Long Trading Setup (Elliott Wave Analysis)

Long

CFDs on WTI Crude Oil (TVC:USOIL)

Updated

TVC:USOIL CFDs on WTI Crude Oil

crude Crude Oil crudelong Elliott Wave

crude crudeoil crudelong elliottwaves

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.

Comment:

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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