Hello Traders, WTICO/USD West Texas Oil 55.639 / 55.229 VS 60.707 / 60.339.
Expecting another impulse down after finishing the corrective pattern ( Blue ) To Break 55.639 / 55.229 VS 53.072 / 50.935.
Second possibility ( Fuchsia ) we continue up to retest the 60.707 / 60.339. for a bigger corrective structure on the previous impulse up.
Expecting another impulse down after finishing the corrective pattern ( Blue ) To Break 55.639 / 55.229 VS 53.072 / 50.935.
Second possibility ( Fuchsia ) we continue up to retest the 60.707 / 60.339. for a bigger corrective structure on the previous impulse up.