Time cycles:
Oil is forming three half-moon pattern from small to large. The first one takes 16 days. The second one takes 48 days. The third one will be very likely taking 96 days which means it will complete until August 7th.
Price
Oil still has space to go lower if 46.6 breaks. Be patient to go long until the bearish cycle finished (after August 7th).
Oil is forming three half-moon pattern from small to large. The first one takes 16 days. The second one takes 48 days. The third one will be very likely taking 96 days which means it will complete until August 7th.
Price
Oil still has space to go lower if 46.6 breaks. Be patient to go long until the bearish cycle finished (after August 7th).
