MCX CRUDE OIL: Anticipated Happened ElliottWave forecast

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MCX Crude oil Anticipated on 31st Dec 2019


MCX Crude oil Happened in last week of January 2020


In my previous update I had mentioned that Crude oil is on the brink to fall when it was near to 4400-4500 levels. This you can check in my below mentioned link all you have to do is click on it.

https://www.marketanalysiswithmeghmody.com/2019/12/mcx-crude-oil-wave-b-in-triangle.html

Coming back to this article now, prices were then supported after a air strike by US on IRAN but it was short lived which made the black gold tumble back again. I had mentioned about triangle but was not sure, but now I am as this will not be a triangle and so I have marked w-x-y pattern. After this pattern was over prices came to my mentioned level in the above link which was 4150 followed by 3800. 

Learn Elliott Wave and Neo Wave in my 4 day webinar/classroom training. Cost for the same is RS.10,500/- or $155. For inquiry contact +910324174580. You can also subscribey YouTube channel- megh Mody.

Comments

Phani Kumar said…
Hey, thanks for the information. your posts are informative and useful. I am regularly following your posts.
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11 July 2020 at 15:35
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