The oil appears to be one step away from the end of the corrective phase and is likely to rally after that. For ardent EW theory adepts - yes, I believe WXY often subdivides in WXY. I am sure about it. The theory needs to be updated.
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🌏 energeiacharta.com
⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
🗃️ Extensive analysis archives
📏 Chartopedia, with examples of applying ElliottWave to real world charts
