30.10.2023 07:04 AM
Crude is currently consolidating in a narrow range between 82.08 and 83.10. Once this consolidation is complete, we should see Crude Oil continue lower in wave C towards support in the 75.63 - 79.34 area, from where a new impulsive rally should be expected. With the next impulsive rally, the instrument should reach at least 129.34 and ultimately, we should see crude oil break above the 2008 peak at 147.27. However, for now, our focus should be on the downside for the completion of wave C in the 75.63 - 79.34 area before turning higher again.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
