Crude Oil Elliott Wave Idea
Crude looks like its at the end of wave 3 or C and may correct soon to .236 or .382 before going up for wave 5.
If it falls below 6521 then I'm expecting a bearish leg down below 6440 as with this count wave 4 will cross wave 1 invalidating bullish move.
If price goes higher than 6628 in this current wave this will be invalid as wave 3 (white) will be the shortest.
If it falls below 6521 then I'm expecting a bearish leg down below 6440 as with this count wave 4 will cross wave 1 invalidating bullish move.
If price goes higher than 6628 in this current wave this will be invalid as wave 3 (white) will be the shortest.
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