WTI top at 63.55 - 64.12? Crude Oil keeps going but slowing down

Quick plot to observe the action around next resistance zone.
I was long until 62 and thought for sure that would be the top.
Now we are approaching the 64 figure, and definite resistance.

My previous analysis calling for 62

評論:

And so there it was, the Top

I made mistake of assuming the 4.618 would be end of wave, but the 5.236 ending up being the endpoint (5.236 also a common end point). Notice the subsequent testing of the 4.618 from underside, and also notice where the sudden drop came to a screeching halt.

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