A new high and a sharp decline towards $93 or lower? Oil is possibly approaching an apex of ending diagonal that was first discussed on May 12th.
Let’s evaluate the recent signals – oil has been printing very interesting candles recently.
Today we will discuss:
– long and short term targets from the Elliott Wave perspective (2022-2024);
– weekly and daily candles and TA.
The latest quarterly review and long term forecast:
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