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Crude Oil Elliott Wave Idea
CFDs on WTI Crude Oil
Crude Oil Elliott Wave Idea
By Joseph_King
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Updated
Jul 5, 2019
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Jul 3, 2019
Update to this idea >
May be in wave 4 (of A) now but if price breaks below 5480 then the count is invalid.
Jul 5, 2019
Note
Decision time soon it looks like, bottom of the channel and small wedge formed
Jul 16, 2019
Note
Looks as though the 5th wave of A was completed near the 0.5 extension at 6071.
If this larger ABC count is correct then we're now in B wave, C wave should follow towards 70$.
I have one other scenario; hopefully have time tomorrow to share the ideas.
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brentoil
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crudeoilwti
ELLITTWAVES
Trend Analysis
Crude Oil Brent
Crude Oil WTI
Wave Analysis
Joseph_King
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