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UnknownUnicorn4762443
Feb 26, 2020 2:29 PM

Support Line is Possibility Next Target of Wave 5 ELLIOT  Short

WTI CRUDE OILTVC

Description

Elliott Wave structure relates to one another with Fibonacci Ratio. For example, in impulse wave:

• Wave 2 is typically 50%, 61.8%, 76.4%, or 85.4% of wave 1
• Wave 3 is typically 161.8% of wave 1
• Wave 4 is typically 14.6%, 23.6%, or 38.2% of wave 3
• Wave 5 is typically 61.8%, 100%, or 123.6% of wave 1

Trade closed: target reached

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