Crude Oil

Expect More Sideways In Near-term :

In the intraday frame, Oil is still developing in sideways the minuette waves of triangle Minute fourth wave.

The market may have made the extreme of Minuette wave (c) at the $58.76 today’s low, If can hold above this level. In this case the following Minuette waves of (d) up and (e) down lie ahead, prior to the end of overall correction in the triangle.

Crude Oil - Intraday

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