Crude Oil propagating in Wave 4 (Elliott Wave Analysis)
Updated
As of now I'm considering the Bearish count in Crude Oil as it seems to be the one being followed.
It seems that we are moving up to complete the circled Wave 4 around the 45.70 level and then down for the 5th, it is possible that I might have to make a change in degree of progression but that does not affect the trading plan.
I will update further as this market progresses.
It seems that we are moving up to complete the circled Wave 4 around the 45.70 level and then down for the 5th, it is possible that I might have to make a change in degree of progression but that does not affect the trading plan.
I will update further as this market progresses.
Trade closed: stop reached
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Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
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