zhipengcfel

Elliott wave analysis on oil in month chart

NYMEX:CL1!   Contrats à terme sur pétrole brut léger
Five month ago I posted a month chart on oil with elliott wave analysis. And we detected the bottom was coming at that time.
Now oil is coming to an important level. If it breaks up, it will confirm the uptrend going further. The previous breaks down which was made last year will be a false break.
For a short time, it might retrace back.
But for a long term it will break up. Pay attention to when it will break up, open the long position and hold them for a long term.

Good luck for everyone!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.