Joseph_King

Crude Oil Elliot Wave Idea

TVC:USOIL   CFDs on WTI Crude Oil
Looks like the correction is now complete as per this idea >
Possibly in very bullish waves up to 7130.

If you count the move from 6813 to 6882 as wave 1 (wave 1 of 3 of 3) and the little higher high above it as a flat correction then 2.618 for wave 3 (wave 3 of 3 of 3) was hit perfectly and could not be in wave 4 to 0.382 of wave 3 and back into the small channel before up for wave 5 to 7027.

If you zoom out on the chart rest of the waves are plotted, potentially up to 7130. 7130 is also 1.618 of the weeks of sideways action >

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