CrudeOil would continue going higher till 47.30 levels where it would complete Wave A = Wave C if its a 3 Wave ABC correction and probably start correcting from around those levels and go lower.. If its a 3rd Wave then we might see CrudeOil keep going higher and test the 50 levels again. Details are on the chart.
Happy Trading!!
Reason : Small downside correction is over. This to trigger further upside move as continuation of prevailing uptrend.
TImeframe : By end of September.
