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OIL ANALYSIS

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West Texas Oil (OANDA:WTICOUSD)  
tobi_ishmael  
OANDA:WTICOUSD   West Texas Oil
Trend Analysis Harmonic Patterns Wave Analysis Oil Crude Oil WTI Elliott Wave
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trendanalysis harmonicpatterns waveanalysis oil crudeoil wti elliottwaves
Oil is trading in an uptrend channel which started from $62.047.

The elliott wave analysis shows us that we are in subminuette wave i of minuette wave v.

If this plays out, then we should expect a retracement to subminuette wave ii from which we can go long to subminuette wave iii.

NOTE: Not a recommendation. Just an opinion.
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