Crude Oil Elliott Wave Idea

3 ביולי 2019

Update to this idea >

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

5 ביולי 2019

הערה

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

16 ביולי 2019

הערה

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.