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Crude Oil futures - CL1! - Elliottwave analysis

Crude Oil futures - CL1! - Elliottwave analysis

CrudeOil futures ( CL1! ) - It has completed WXY complex correction. The up move was impulse wave A and it seems like correcting down in wave B. This is the buy set up when B wave will finish for C wave up. In 4 hr time frame this may the part of bigger (C) wave up from major bottom (Covid low). The pattern will be invalidated if price drop below 33.63 level. The B wave expected to be finish near 36-35 zone, but the internal wave structure will guide, where to enter in trade.

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