Crude Oil Elliott Wave Idea

3 авг. 2018 г.

Update to previous idea >

I theorized that wave C of 4 would extend to $64-$65 levels but it did not make it that far and appears to have bounced from the channel bottom after completing a clear 5 wave structure down for the end of C wave and now a very bullish 5 wave structure up has started for what could be a wave 1 >

3 авг. 2018 г.

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Alternate theory on the 5 waves, if done already

3 авг. 2018 г.

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Appears to be in C wave now

3 авг. 2018 г.

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Bounced at an important level, .382 of wave 3 > Above 6915 may lead to new highs for wave 5

3 авг. 2018 г.

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Another possible scenario

3 авг. 2018 г.

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Possibly WXYXZ, very choppy invst.ly/86c34

3 авг. 2018 г.

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Got a nice bounce at the 1.618 extension and a few pips from the .618 correction area, see if continues up from here