WTI top at 63.55 - 64.12? Crude Oil keeps going but slowing down

8 Nis 2019

Quick plot to observe the action around next resistance zone.
I was long until 62 and thought for sure that would be the top.
Now we are approaching the 64 figure, and definite resistance.

My previous analysis calling for 62

24 May 2019

Not

And so there it was, the Top I made mistake of assuming the 4.618 would be end of wave, but the 5.236 ending up being the endpoint (5.236 also a common end point). Notice the subsequent testing of the 4.618 from underside, and also notice where the sudden drop came to a screeching halt.

.