Get started
AmPe_stockanalytics

Elliott wave analysis on Crude oil

CFDs on WTI Crude Oil (TVC:USOIL)  
AmPe_stockanalytics  
TVC:USOIL   CFDs on WTI Crude Oil
Wave Analysis elliottwaveprojection elliotwaveanalysis elliotwavecount elliottwaveretracement elliotwavecorrection elliottwaveforecasts elliottwaveidea elliottimpulsewave
4
2
waveanalysis elliottwaveprojection elliotwaveanalysis elliotwavecount elliottwaveretracement elliotwavecorrection elliottwaveforecasts elliottwaveidea elliottimpulsewave
After some historic price movement looks like triangle pattern on longer time frame is complete.
On examining the waves in smaller TF it looks like leading diagonal is in formation indicating start of upward move.
Possible wave count is plotted on the chart.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.