Crude Oil Elliott Wave Idea

By Joseph_King
Updated
Update to previous idea >
Crude Oil Elliott Wave Idea


It appears the correction is over as a WXY to $70,40 and we could now be wave C to $64-$65 levels.

Wave 1 and 2 of C may already be completed > snapshot Now in subwaves of wave 3

Long term I'm still a believer that Crude can go towards $80 as per this idea >
Crude Oil Elliott Wave Idea
SO $64 may be a good level to buy for higher prices
Comment
A potential scenario > snapshot

If wave 2 is done, but maybe this will creep up to the 0.618 level around 6880 before the next leg down
Comment
Possibly in a triangle which could indicate we're in wave 4 > invst.ly/85pbi
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Joseph_King

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