Hi Guys, This is a analysis cum educational post, looking at all the waves and structure, crude looks upside for next 4-5 years, if its gonna make that expanding flat. You can trade it on lower time frame for upside.
Uwaga
weekly corrections coming, long term approach still upside.
Uwaga
if dollar goes strong in upcoming weeks it might also drag oil down, I'm looking at the pair from the possibility of dollar strongness. watch out for move after correction to upside take the sell, keep that sell move to BE
Uwaga
take another buy, its corrective.
Uwaga
it didn't broke the low made contracting flat, its now to the upside but aware of the fact that it might be part of single impulse of 5 waves, we might see more correction after upside
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