Crude Oil Elliott Wave Idea för TVC:USOIL av Joseph_King — TradingView

Trend Analysis Wave Analysis crude Crude Oil crudeoilwti brent brentoil Crude Oil Brent Crude Oil WTI ELLITTWAVES

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Crude Oil Elliott Wave Idea

May be in wave 4 (of A) now but if price breaks below 5480 then the count is invalid.

Kommentera:

Decision time soon it looks like, bottom of the channel and small wedge formed

snapshot

Kommentera:

Looks as though the 5th wave of A was completed near the 0.5 extension at 6071.

If this larger ABC count is correct then we're now in B wave, C wave should follow towards 70$.

I have one other scenario; hopefully have time tomorrow to share the ideas.

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