Crude Oil

Bullish Outlook :

The Crude’s strong rally, exceeding the 47.71, confirms the bullish case in an a – triangle b – c as wave (c) on continuing uptrend in Minuette degree.

With respect to the sideways outlook on Minute-degree trend, the upside target for the three-wave advance of wave (c) is 55.55 where the subminuette waves a and c are equal.

Crude Oil - Daily

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