USOIL - Elliott wave – update wave count – minute wave ((V)) unf Long

Crude Oil (WTI)FXCM

Description

⋅ Jun 16, 2021 3:36 PM

minute wave ((V)) unfolding in 5 waves
(iii) of ((V)) is running

ALT: the up movement from 57.20 is corrective – minuette wave (c) of (a)(b)(c) unfolding

critical price area

previus daily close 72.46
PP 72.00 UP

Comment

⋅ Jun 23, 2021 9:53 AM

the ALT count takes strength
monitoring conformation of wave (c) end

if end of wave (c) is confirmed zigzag down should follow

Comments

francescoforex

⋅ Jun 21, 2021 1:32 PM

the current price evolution indicate the alternative ipothesis as the most probable
wave ((5)) of intermediate (Y) should unfold in an ending diagonal triangle. 5 waves zigzag
minuette wave (1) is ended - wave (2) should follow in a zigzag