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Much like Natural Gas, Crude Oil is an absolute pleasure to chart and trade. Its larger amplitude movements provide for not only wonderful percentage moves, but it also adheres nicely to Elliott Wave patterns and tends to respect Fibonacci levels such that we can almost always find opportunities to trade crude oil in both directions, up and down.
Crude is setting up for 4 larger moves over the coming few years. To better understand, the first 3 of these 4 larger moves review the Crude Oil Daily Chart below.