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OIL Can Retrace To 44-45 Before Going Higher

Discussion in 'Technical Analysis' started by Kaitlin, Oct 30, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    No change for now on WTI, price is moving as expected, currently is headed lower within wave b) which represents only temporary corrective move. Usually wave b) will retrace back to the area of a former wave four, and also for 50-61.8% compared to wave a). In our case this[​IMG]

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