E Crude Oil Intra-Day Updates - Elliott Wave Analysis

Crude oil can be trading at the start of a new five-wave bullish turn, with current minor pullback from 74.24 level representing a correction. We believe its wave 2, which can look for support and a new turn higher around the Fibonacci ratio of 50.0/61.8.

Invalidation level is at 72.12.

Crude oil, 30Min

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