Crude Oil Elliott Wave Idea

TVC:USOIL240

WTI CRUDE OILTVC

Description

⋅ Jul 3, 2019 8:04 AM

Update to this idea >

May be in wave 4 (of A) now but if price breaks below 5480 then the count is invalid.

Comment

⋅ Jul 5, 2019 4:44 AM

Decision time soon it looks like, bottom of the channel and small wedge formed

Comment

⋅ Jul 16, 2019 6:48 PM

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.

Comments

DACapitalTrading

⋅ Jul 3, 2019 12:18 PM

Amazing work, leave us a follow aswell mate :)

Joseph_King

⋅ Jul 3, 2019 1:23 PM

@DACapitalTrading, cheers, followed :) thought I was following already :D