glennmercer

USOIL Wave Count Update: 1H Zoom-In Edition

TVC:USOIL   CFDs on WTI Crude Oil
Here is the previous wave count on the 4H:
I will be looking for bearish impulses at the 1.618 extension after wave-((c)) completes. The bull flag is inherent of a fourth wave sideways correction and indicates another boost or rally before the retrace.
Comment: Great pinbar resistance at the expected level. Look for reversal signals here!
Comment:
snapshot
ONE MORE QUESTION IF MKT CROSS 46.50-47 THEN THIS FLAT CORRECTION WXY IS VALID AS PER ELLIOT WAVE RULES
Reply
SIR USOIL IS UNFOLDING 3-3-3--3-3 FALLING TRAINGLE UNFOLDED OR WX ABC WHICH YOU ARE EARLIER EXPECTING UNFOLDED . SIR I AM A LEARNER AND LEARNING FROM YOUR ANALYSIS . SIR PL GUIDE ME
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