aibek
Long

USOIL. Triangle broken. We entered last wave up of WAVE 4

FX:USOIL   Crude Oil (WTI)
Last time I assumed it was ABCDE correction but it wasn't and price moved sharply higher.
I relabelled the chart accordingly.

We made sharp correction in blue wave B of larger (C) of {4} (81% retraced).
Now last blue wave C up with target of 1.618 of blue wave A at 51.22
Entry 45.36
Stop 44             .22 (low of large blue B)
Target 51.22

Best of luck!
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