Elliott_waves_academy

Elliott_waves_academy

A bearish outlook on the short term, which may give us the internal details of a corrective wave in the larger time frame, provided that the recent peak is not breached. The targets shown may be target areas in the selling path.

Elliott_waves_academy

#WTI_Oil (West Texas) 🇺🇸 4-Hour Timeframe, bearish 📉 and bullish 📈 scenarios 😃 👉First: Bearish Scenario 📉 through Wave 5 of a bearish impulse wave, which needs breaking below 69.342 level for confirmation. 👉Second: Bullish Scenario 📈 through an impulsive wave after completing a Double Three Pattern, which needs to break through 76.188 level for confirmation.