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Crude OIL Ideally Aiming For 50.0

Discussion in 'Technical Analysis' started by Kaitlin, Sep 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Crude Oil turned nicely up this week from 44.00 area, with price now trading right above the upper corrective channel line. If we are right and recent corrective retracement form 46.50-44.14 was wave 2, which is now completed then we can assume that current breakout of a downward channel can[​IMG]

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