The price punched the line and all conditions are set for a sharp bounce.
It is hard to regonise it now but first this outlook was introduced on Nov 24 (teal line - www.tradingview.com/...FI3vWI-USOIL-Update/). It got crystallized on Dec 1 -
and now the count is set firm.
I am long in this trade and will reverse my position once the 1-2-3-4-5 sequence is on the chart. Not advice.
It is hard to regonise it now but first this outlook was introduced on Nov 24 (teal line - www.tradingview.com/...FI3vWI-USOIL-Update/). It got crystallized on Dec 1 -
I am long in this trade and will reverse my position once the 1-2-3-4-5 sequence is on the chart. Not advice.
Order cancelled:
sorry there's a mistake in the count
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📏 Chartopedia, with examples of applying ElliottWave to real world charts