Crude Oil

Bearish Outlook :

According to the short-term bearish view, an ultimate decline in fifth wave of an ending diagonal as Minuette-degree wave (v) would terminate the down trend entirely.

With respect to the waves structure, this bullish diagonal will unfold its fifth-wave down until the late December.

Crude Oil - Daily

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s