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Joseph_King
Sep 10, 2019 8:16 AM

Crude Oil Elliot Wave Idea 

WTI CRUDE OILTVC

Description

An update to this idea >


The triangle appears to have broken out to the upside and if the sideways movement between 13th August high of 57,43$ and 3rd September low of 52,87$ was wave 2 then we could be in for a big move upwards towards 63,99$ (1.618 extension).

Breaking the high at 58,79$ is critical to this theory.
Comments
BartGhost
what you have from Aug 7 is a LD (you have the wave 1 identified correctly) which was completed yesterday with the 5th wave up - the whole LD cound be wave A. Now retrace and then into 60s for C
BartGhost
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