Crude Oil

Bullish Outlook :

The structure of last week’s advance in Crude’s intraday-frames appears to be five-wave, which would remain in its fifth-wave extending.

The trend would remain up with the prices that eventually carry to at least the 51.13, where the wave c equals 0.618 times the length of wave a, and potentially through the ultimate target at 55.55.

Crude Oil - Intraday

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