OIL POTENTIAL SHORT AT PEAK OF WAVE 5

Atualizado
OIL has reached weekly high of around $75 at 1.382 fibonacci projection for on wave 5. Potentially a reversal point as the developing weekly candle also looks like a Doji. Potential entry point for short. Correction ABC is expected when the price reverses.
Nota
previous idea
WTI Crude Oil
Nota
this weekly chart still holds. price at support level, which is expected to break to form correction leg A
teropongbursaTrend AnalysisWave Analysis

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