waleedkhan

Crude Oil butterfly or Correction

FX:USOIL   Crude Oil (WTI)
Building from the last chart;

two possibiities remain open...

A bearish contracting triangle
that will extend the C wave and
take crude below $100 and
probably even more...

or then an alternate count would be bullish
possibility of a butterfly forming at 104.54-105.39;
which will also mean the completion on the 5 wave

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