Crude Oil making Ending Diagonal in wave C of WXYCrude in WXY double zig zag correction. Currently wave C of Y in progress.
All internal waves of C wave are overlapping one another that leaves only one pattern to be considered as "Ending Diagonal" or falling wedge
Break of this pattern on upside would reverse price (at least temporarily as there is chance of Triple zig zag too)
Looking at wave 5 of C we can say it could make one more low below 86.82 but if goes too deep 77.5 then CHART Invalid.
Would wait for confirmation Above 95 to head towards 114 which is starting point of Ending Diagonal in wave C
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