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francescoforex
Jul 19, 2021 5:00 PM

USOIL - Elliott wave – update – minor wave 5 ended  Short

Crude Oil (WTI)FXCM

Description


minor wave 5 ended
minute motive wave ((a)) of ((a))((b))((c)) corrective movement should follow to minor wave 4 – zigzag/flat

ALT: minute wave ((4)) of ending diagonal minor wave C is unfolding

Comment

minute motive wave ((a)) unfolding in wave (iv)

Comment

it looks like wave (iv) of ((a)) is unfolding in a zigzag if 70.65 quote is not violeted
otherwise a leading triangle is still possible

ALT: the movement from 76.80 is a correction zigzag in wave ((4)), wave 5 ishould follow in a motive mode.

Comment

primary wave ((5)) ended
complex correction unfolding (W)(X)(Y): zigzag or flat
wave (W) ended wave (X) unfolding
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