Crude oil is pointing to new highs after five-waves up and three-waves down, which can be actually a perfect bullish setup that can take energy up to 68.30-69.00 area based on short-term upper Fib. projection. Broken wave (b) swing and broken corrective channel line suggest that bulls are not over yet.
Crude oil, 1h
Bitcoin can be unfolding five waves up for wave C/3. Currently consolidating within wave (iv) with support around 38,2% Fibo. retracement and 7700-7800 levels, from where we can expect a bounce for wave (v) towards 9k level to complete a five-wave cycle.
BTCUSD, 1h
