The Traderszone Network

Published in TZ Latest News 15 February, 2017 by The TZ Newswire Staff

Crude experiencing a corrective setback

Today, crude oil may be interesting for some traders because of a bullish pattern visible on hourly chart with five waves up from 51.83 followed by a corrective setback from 54.50. We see price in Wave c, which may find a base in the next 12-24 hours at 52.80-53.20 region.