Crude Oil Elliott Wave Idea

1 Ağu 2018

Update to previous idea >

It appears the correction is over as a WXY to $70,40 and we could now be wave C to $64-$65 levels.

Wave 1 and 2 of C may already be completed > Now in subwaves of wave 3

Long term I'm still a believer that Crude can go towards $80 as per this idea >

SO $64 may be a good level to buy for higher prices

1 Ağu 2018

Not

A potential scenario >

If wave 2 is done, but maybe this will creep up to the 0.618 level around 6880 before the next leg down

2 Ağu 2018

Not

Possibly in a triangle which could indicate we're in wave 4 > invst.ly/85pbi