Joseph_King

Crude Oil Elliot Wave Idea

TVC:USOIL   CFDs on WTI Crude Oil
Update to several recent ideas:





Looks promising for wave 5 now, bounced around 0.382 fib for 4 days and has now moved upwards. Has stopped at 0.382 of the complete ABC around the mid 61 area which is a common point for wave 1 to complete, may see a correction soon before wave 3 of wave 5.
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