Crude Oil Elliott Wave Idea

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.