The crude oli price in the near 70$/Barrel is the good news for the indian economic but this price drope is passes to the people, We are waiting for fuel price cut
The daily timeframe indicates it’s on a downtrend and gonna roll down below 68.50. In the 4hr yesterday we saw a huge fall from the resistance near the trend line. I home this fall will continue till 72.5 or beyond until we see next pullback.
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Hello, I think WTI is in a fabulous uptrend with target about 88 USD to 90 USD! Now we are in a corrective wave 2 pattern which belongs to a final wave 5 of 3 as you can see in the chart above and below. WTI closes the final wave 5 of 3 as a so called ending diagonal. The green box shows the expected area where wave 2 comes to its end (at about 66 USD, I...