HomeContributorsTechnical AnalysisCrude Oil Finds Temporary Top: Elliott Wave Analysis

Crude Oil Finds Temporary Top: Elliott Wave Analysis

Elliott Wave Financial Service
By Elliott Wave Financial Service

Crude is sharply down in the 4-hour chart after reaching 100 level for the 5th wave, so smells like a temporary top and we will now have to be aware now of a bigger, higher degree slow down, especially if the price drops back below 87.55 level.

Crude oil 4h Elliott Wave analysis

Start Trading
Start Trading
Start Trading
Start Trading

Get daily and weekly ActionForex analysis and key releases on our Telegram channel.

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.

Latest Analysis

Load more

Learn Forex Trading