Today crude oil technical analysis shows a small correction on the 15-minute chart. We may see the A wave up and B correction down finished. It is now preparing to follow by a bullish C. However, the older time frame (1-Hour chart) is in the flat zone. So if you want to buy some, you had better wait for a bullish wave structure on a say 1-minute chart

crude-oil-m15-chart-2016-07-29

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