Long trading opportunity in Crude Oil (Elliott Wave)
Updated
It look like Crude has just completed a Ending Diagonal and also broken the upper trendline.
If this is an Ending Diagonal then we can expect Crude to make new highs from here on.
SL : Below 46.40
Target : Last Swing high
It looks like a good long opportunity from a Risk to Reward perspective, I will update as this market continues.
If this is an Ending Diagonal then we can expect Crude to make new highs from here on.
SL : Below 46.40
Target : Last Swing high
It looks like a good long opportunity from a Risk to Reward perspective, I will update as this market continues.
Note
View from the 5 minute chart, expecting a retest of the trendline before the upmove begins, either a buy on dips or a buy on pullback.Note
Note
Retest of the trendline and then movement up, exactly as expected. Note
Continuing up as expected.Note
Note
Should atleast hit 50.Note
Updated Count : 
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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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