Crude Oil Is Trading In The Second Wave Of A Higher Degree Impulsive Structure; More Gains In View

Crude oil found some nice support at 51.24 last week from where a strong recovery appears to be impulsive. Ideally that's a wave one as start of a higher prices that should come in play after a wave 2 pullback.

Crude oil found some nice support at 51.24 last week from where a strong recovery appears to be impulsive. Ideally that's a wave one as start of a higher prices that should come in play after a wave 2 pullback. Ideally market will see a strong bounce once 54.34 resistance is taken out.

Crude Oil, 4H

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