Crude downtrend to resume today or Monday Short

Crude Oil (WTI)FXCM

Description

⋅ Feb 3, 2017 10:37 AM

A flat correction with an ending wedge in C is complete or nearly complete. Wave 3 should start shortly. I expect this to be very fast and unfold together with the downtrend in EUR. (1-2 months).

Elliott Wave

Comments

sanjayplayer

⋅ Feb 4, 2017 10:07 AM

can't it be leading diagonal and monday morning it breaks up and continue with wave 3

nbn007

⋅ Feb 3, 2017 10:52 AM

or may be Tuesday