Crude Oil Elliott Wave Idea
Updated
Update on this idea > 
Looks like an ABC completed at the $63 high and now moving down it what appears to be a well defined channel.
If my current count is correct then the 1.618 extension is at $50,58 which could present a triple bottom to complete wave C of X(2), then upward to complete wave Z back near $63, or higher.
Looks like an ABC completed at the $63 high and now moving down it what appears to be a well defined channel.
If my current count is correct then the 1.618 extension is at $50,58 which could present a triple bottom to complete wave C of X(2), then upward to complete wave Z back near $63, or higher.
Trade closed manually
Idea closed, target area hit.
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