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NSE Crude Oil: Imminent Upsurge or Unusual Reversal?

Have you remembered the wave analysis for MCX Crude Oil?
Visit here: NSE CRUDE OIL – Multiple Scenario Analysis

In our previous post, we explained that crude oil had formed a corrective pattern on the daily chart, labeled as (W) – (X) – (Y). Within wave (Y), a contracting triangle had formed. At that time, wave D had been completed, and wave E was just starting to develop. We also projected the entire wave E of wave (Y).

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