USOIL Brent Crude Oil Target 45

 USOIL Wave Analysis :

US Oil Elliott Wave


5th wave of US oil has been started from 36 

sub-waves of 5th wave as 12345 as below :

Wave 1 Motive : 36.18 to 41.52

Wave 2 correction : 41.52 to 36.65

Wave 3 Forecast : 

Target 1) 161.8% @ 45.39

           2)  223 % @ 48.68

           3) 261% @ 50.77

So trade set-up as 

BUY USOIL @ Current 38.600

SL 36.600

TP 45/48/50



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