FX:UKOIL   Crude Oil (Brent)
443 6 13
Crude Near completion of it's 5 of 3 of 1. Wait for a wave 4 pull back.
Great count you got there
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Thanks Kay!
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shanmugamriders RahulNagpal
Hi Raghu bro, can you please explain a little ?
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Hello! I have virtually the same wave count, but there is a big question: are we now in wave 4 after 1-2-3 completed OR it was an A-B-C correction instead of 1-2-3? Have you considered the count in which the oil had not yet reached the bottom?
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Hello Room722, we are in wave 4, I had plotted the Oil crash and expected to have bottomed out at $28(this is when crude was trading around $70), missed the forecast by $2. regardless. my belief is that this 5 wave structure is of wave 1, and crude will be trading at all time high soon.(couple of years).
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Room722 RahulNagpal
Thanks for your opinion and sharing the idea. Good luck)
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