Crude Oil

Bearish Outlook :

Crude is falling in impulsive third-wave of the Minuette -degree wave (v) of v (circle).

The outlook remains bearish against 42.58, through the expected target at 34.87, where decline of wave iii will achieve the 1.618 times the length of the wave i.

Note : The wave structure of the current decline in Crude, would be unfolded entirely until the late December.

Crude Oil - Daily

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