Good day traders! Let’s start the US session with crude oil.
Crude oil made a new leg higher, into sub-wave v) of five. We so see a completed triangle correction within the previous wave iv) and now final wave v) in progress. Current rise may later search for a top near the Fibonacci ratio of 61.8 and near the triangle thrust measurement near the 53.10 region and from there a new drop lower may follow.
Crude oil, 1H
