Crude Oil

The Crude appears to be searching its low as the extreme of Minuette wave (iii), and might starts soon to correct in expected Minuette wave (iv).

The overall bearish stance is still in place, in anticipation of the decline in Minuette degree fifth wave ahead, through the minimum objective below the recent lows area.

Crude Oil - Daily

4 thoughts on “Crude Oil

  1. Raj


    Do you think Crude has started it’s correction for the 4th wave? what is your view on USD/JPY?
    Thanks for all the charts … much appreciated !!!

  2. Eyad

    Thank you for your great Job and effort , can you please update your analysis for Oil as price hit 40.50 today I think five wave down structure is completed , Plz I need your full point of view on the next expected move .

    Thanks again for your kind cooperation and great wave view .


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