Thu, Apr 25, 2024 @ 22:51 GMT
Facebook Mail RSS Twitter
HomeContributorsTechnical AnalysisFlat On Crude OIL Targets 53.0/52.0 Zone - Elliott Wave

Flat On Crude OIL Targets 53.0/52.0 Zone – Elliott Wave

Elliott Wave Financial Service
By Elliott Wave Financial Service

Crude oil is still trading in a corrective wave B as part of expanded flat correction that can jump up to 61,8% Fibo. retracement and 56 level, from where we should be aware of another decline for wave C down to 53-52 support area and this is where a three-wave A-B-C correction may come to an end.

Crude oil, 30Min

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
Trading forex, futures or futures options carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could lose some or all of your initial investment; therefore you should not invest money that you cannot afford to lose. Our website and the information provided here should not be relied upon as a substitute for extensive independent research before making your investment decisions.

Featured Analysis

Load more

Learn Forex Trading

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

Contact us: contact@actionforex.com

© ActionForex.com © 2024 All rights reserved.