Please see our Long-Term Analysis for a hawk-eye view.
Minor Y (red) bounced off the Support at 45-44.00 Levels, which are also 100% Fibonacci Extensions of Minors W &X (red).
WTI-CRUDE-OIL is finalizing Minor Y (red) with a 5 Wave Minute Sequence (blue).
Minute V (blue) unfolded with a 161.8% from Minutes III & IV (blue).
WTI-CRUDE-OIL is forming a Corrective Pattern (Flag) in a which is most likely about to be Breached on the up-side.
WTI-CRUDE-OIL - Short-Medium Term - BUY Position:
Entry - 45.60
SL - 43.50
TP - 55.00
* Safety Measures:
- When in the green, move SL to break-even or in profit.
- If Conservative, wait for Breach and then a on the Channel
Short-Term SELL / Medium-Term BUY: