CL1!/USOIL/WTIUSD/CLM2017 Harmonic pattern & Elliott wave

Crude Oil FuturesNYMEX

Description

⋅ May 17, 2017 9:51 AM

CL1!CL2!WTIUSDCLM2017

Bearish BAT Harmonic pattern

TP#1 38.2% 48.10
TP#2 61.8% 47.10

Corective wave ZIG ZAG PATTERN.
Elliott wave 5

Fibonacci Extension Levels 161%
Fibonacci Projection Levels 161~200

mystery007 Crude Oil Futures WTI (CL1!)CL2!CLM2017 Crude Oil WTI wtiusd Harmonic Patterns Bat Elliott Wave

Comments

josephtse

⋅ May 18, 2017 2:44 AM

NICE! I just drew 2 straight lines. One up to 50 ending today from the 43.76 bottom, and one back down to 46 by May 24. Lol. How do you make the smaller waves? I'm trying to catch some oil stocks for CHEAP next Wednesday.

DeanLim

⋅ May 17, 2017 10:21 AM

price broke 48.72, please advise is your analysis still valid? Million thanks