A Difficult, but Likely Path Higher for OIL

Name: A Difficult, but Likely Path Higher for OIL
Uploaded: 2019-01-31T20:43:01.934936
Channel: CanonMarketAnalysis
Description: Oil is likely headed higher over the coming months, but there are many challenges that lie ahead. In this update I breakdown the chart using Elliott Wave and Fibonacci as well as discuss some important global macro factors as well.

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West Texas Oil (OANDA:WTICOUSD)

OANDA:WTICOUSD West Texas Oil

Fibonacci Elliott Wave Fundamental Analysis Oil WTI wticrude crude techinical

fibonacci elliottwaves fundamental oil wti wticrude crude techinical

Oil is likely headed higher over the coming months, but there are many challenges that lie ahead. In this update I breakdown the chart using Elliott Wave and Fibonacci as well as discuss some important global macro factors as well.

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