Joseph_King

Crude Oil Elliot Wave Idea

Joseph_King Updated   
TVC:USOIL   CFDs on WTI Crude Oil
Update on these two ideas:



Looks like wave 4 correction now before another leg down to complete a larger wave 1. Depends where wave 4 ends as to where wave 5 ends so plotted some possibilities. Should get a correction for larger wave 2 once wave 5 is completed.
Comment:
Doesn't look like I got the count right here, might be complete moving down and looking for a bigger correction upwards.
Comment:
Maybe a slightly different count in play > If 6137 breaks then my original idea is blown as wave 4 will have crossed wave 1.

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