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Elliott Wave Analysis & Forecast, WTI Crude Oil - OILUSD, H4, 20190124

gm January 24, 2019

Elliott Wave Analysis & Forecast, WTI Crude Oil - OILUSD, H4, 20190124




As show on chart, In my point of view Blue wave A of Green Wave B is finished @ 54.48 and now price is correcting toward 49.50-49.80 area in Blue wave B, Once Blue wave B completed we can expect last rally towards 58-60 area in Blue wave C to complete green wave B. Sellers can enter into market at current price or better targeting 50 area. Stop loss should be 53.50.

muhiuddin
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gm

Posted by: gm

Currently working as Senior Analyst in Tijarat Network, a leading provider of in depth market analysis, research and trade recommendations for Forex, Stock, Indices and Commodities. Tijarat Network where analysts sit together, analyze technical and fundamental factors, conclude market direction and then issue analysis and forecast regarding where they believe the markets are heading. Elliott Wave Theory is a major factor that contribute in financial forecast. We value our reputation and always fulfill our obligations toward clients and partners.

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