Crude Oil Elliott Wave Idea
Updated
Update to this idea with a slightly different count on October contract > 
Possibly in wave 5 now but the yellow wave iii could also be C wave and that could mean we're already in impulsive move down, key price is at the red line as crossing this will invalidate it (wave 4 crossing wave 1).
Some nice fib levels in subwaves of wave iii (yellow) >
Some nice fib levels in subwaves of 3 (white) >
Zoomed in on the ABC from Fridays high of day to low of day it looks like a nice 5-3-5 structure >
It will be interesting to see how this count develops on Monday morning, if it does complete 5 waves then that could be a larger degree wave 1, or wave A.
Possibly in wave 5 now but the yellow wave iii could also be C wave and that could mean we're already in impulsive move down, key price is at the red line as crossing this will invalidate it (wave 4 crossing wave 1).
Some nice fib levels in subwaves of wave iii (yellow) >
Some nice fib levels in subwaves of 3 (white) >
Zoomed in on the ABC from Fridays high of day to low of day it looks like a nice 5-3-5 structure >
It will be interesting to see how this count develops on Monday morning, if it does complete 5 waves then that could be a larger degree wave 1, or wave A.
Comment
May be a running flat ABC for wave 4 Comment
September contract made a new high, 5 waves up almost completed 
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