Joseph_King

Crude Oil Elliot Wave Idea

Long
TVC:USOIL   CFDs on WTI Crude Oil
Update to this idea >
Classic descending triangle breakout occurred and formed the first and second waves up toward 71, looks like a starting wedge has formed for the first impulses of wave 3, should be a buying opportunity around 6850 in my opinion with a strict stop loss below 6835 (start of wedge).

Still holding longs from 6733.

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