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Crude OIL Could Be In For More Gains

Discussion in 'Technical Analysis' started by Kaitlin, Jun 28, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    OIL could be in the last stages of this bigger corrective retracement, as we see price completing the final wave C) of a zig-zag pattern in blue wave 4. Price made a nice five wave move to the downside in red wave C) from 50.53, but because of some overlapping[​IMG]

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