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ResonanceTrading
Jul 10, 2015 2:09 PM

Crude Oil mid-term forecast Short

Crude Oil FuturesNYMEX

Description

This is my first published personal trading idea depending on Elliott Wave analysis. wave 5 projection is equal to wave 1.
wave 4 might be complex correction due to the fact that wave 2 is a zig-zag correction. The distance between the red trend lines are equal. I am looking to short oil after the completion of wave 4.
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