Crude Oil went for more drop correction while the Short-Run uptrend wave still ongoing as long as market holding trades above support zone (48.50-70).
ٍShort-Run facing resistance at (50.00-10) which may allow for trading zone between this resistance and the support zone.
While a bigger advance wave is expected toward (51.60) and (52.40) within the coming period as long as market sustain trades above (48.50) support
Below (48.50) more drop will be available toward (46.50) zone.
CRUDE OIL - WTI