WTI: in no man's land


WTI: ending diagonal in the wave c is added on the chart. It supposes another thrust to 70.55 region before a drop. Meanwhile, two counts posted earlier, remain applicable over 68.60 CL:
- wave c of a corrective rally, targeting to 72 area
- bullish green wave 3 off the low - possible target projection is pointing to at least 74.18 CL.

Below 68.60 we have a decent chance of a high of sorts is in place - but only corresponding i - ii down would be a proper confirmation of a high.

BaseCase - CL - 1 hr - 06-08-2018 - 2
BaseCase - CL - 1 hr - 06-08-2018 - 2
Arkady Yakhnis provides extensive coverage on precious metals, energy, and forex at ElliottWaveTrader.


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