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GWaves

Crude Oil Wolfe Wave Completion, 1-4 Line Target

Long
Contrats à terme sur pétrole brut léger (NYMEX:CL1!)  
GWaves Mis à jour   
NYMEX:CL1!   Contrats à terme sur pétrole brut léger
Crude Oil Futures WTI (CL1!) crude Crude Oil crudeoilwti crudechart crudeprice crudewti crudeoillong Wolfe Wave Oil oiltrading oilprice oil(wti)
20
1
cl1! crude crudeoil crudeoilwti crudechart crudeprice crudewti crudeoillong wolfewaves oil oiltrading oilprice oil(wti)
Here we have a Wolfe Wave for Crude Oil, CL1!. Price broke the 1-3 trend line but did not quite reach 5'. Therefore, we look at the 1-4 line as a target. The arrow pointing to the 1-4 line does not signify the path price will be taking. It is simply a visual tool.

I should also mention, I do not have a stake in Crude Oil. I am comparing the movement of this chart to the related ideas below.

Commentaire:
Hello Traders,

Consider Geo's Off-Set rule at point 4(50.92) as a potential area of reversal.

snapshot

Idées en relation

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$USDCAD Wolfe Wave, Looking at 5' Target
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