DMC

USOIL On The DownTrend

TVC:USOIL   CFDs on WTI Crude Oil
Bear with me everyone, I am learning some new things to get a better understanding and easier ways to spot good targets. For this new strategy using elliott's wave theory we will be aiming for each wave as a target. This will be deemed a neutral approach because there are long and short opportunities in itself.
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CTF - USOIL
Chart timeframe - 4hr
Area of interest - 52 , 43
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Trade Safe everyone!

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Oct 03
Trade active: Aiming for Wave one at 47.93
Oct 10
Comment: Testing 200MA on daily
his count todate is perfect- its called extended leading diagonal where all the waves overlap..
Reply
Wave 4 is never supposed to impose on wave 1. Not sure what you're counting but it ain't Elliot waves...
Reply
DMC Follow_The_Spiral
@Follow_The_Spiral, as I said I am still learning, thank you for reading the description.
Reply
@DMC, You're welcome
Reply
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