Elliott wave analysis on oil (2016-04-01)

Crude Oil (WTI)FXCM

Description

⋅ Apr 1, 2016 12:23 PM

USOIL is in a correction for the last month retrace. It seems that wave A will be finished soon. I am looking forward for the wave B up and the following wave C down.

Good luck for everyone!

Comments

DMK8680

⋅ Apr 1, 2016 12:41 PM

consistent with my view of the situation as well - good chart

zhipengcfel

⋅ Apr 1, 2016 12:44 PM

Thanks!