USOIL Can it be an Impulsive Wave?

FX:USOIL   Crude Oil (WTI)
159 2 7
I was thinking about this chart in a different way from my friends of elliott wave traders .
They are thinking that its a ZZ corrective wave and the price will hit lower than 11$!!
Its sound crazy but it can be happen but if happened all oil             companies must close and finish contracts of all workers . But why not thinking from a different way :
I am seeing a clear impulsive wave , finished 3 waves up and we are about to confirm the 4th wave end if traded above b at 49.56$ .
The volume Im seeing at the 3rd wave is very high and this can spike in my mind the impulsive wave more than the ZZ as the volume in c is lower in ZZ and we are still dancing with MA 50 days .
May be Im wrong but it worth thinking .If the price go up it means we are going for the 5the wave around at 60$ If price go down it must break 41.87$ to say its a corrective wave . At the end the market will confirm or invalidate my point of view .
Have a nive trading
Still looking for oil upside, yes.
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out