The price is moving within the scenario I indicated previously -
The subdivisions to day make me expect an expanded flat (abc in red) which should spark another wave of volatility next week. After that I expect a strong rally into early December.
Both waves c in red and (c) in blue represent very good trading opportunities. Will post a bigger chart next.
Both waves c in red and (c) in blue represent very good trading opportunities. Will post a bigger chart next.
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â±ïž Timely updates of WTI, Gasoil, NatGas charts explaining every twist
đïž Extensive analysis archives
đ Chartopedia, with examples of applying ElliottWave to real world charts