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joseph_tan

Ideal Elliott Wave Retracement

Long
Light Crude Oil Futures (NYMEX:CL1!)  
joseph_tan  
NYMEX:CL1!   Light Crude Oil Futures
Trend Analysis Wave Analysis elliotwaveanalysis elliottwaveretracement Crude Oil Crude Oil Futures WTI (CL1!)
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trendanalysis waveanalysis elliotwaveanalysis elliottwaveretracement crudeoil cl1!

Ideal Retracement
  • The retracement started with Wave A, then Wave B and C
  • The Wave B will be 61.8% of Wave A
  • The Wave C shall casually about Wave A, more importantly it shall squeeze below point A (which is also around lower zone of Wave 4)

The entry point shall be on the candle to bullish signal.
Target to challenge previous swing high of Wave 5.

May the Dip be with you !
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