I'm being a bit skeptical on this count because as for now price does not move beyond the parallel channel, black and green one. Jeffrey Kennedy, one from elliott wave international said that corrective price often contained between parallel channel. So, if price does not move beyond 81.21, i'll consider wave 2/4 of light blue or maybe as A of 2 of light blue has complete and go long.
Comment:
The another reason for my skeptical is as i count on CL1! ticker, i dont see any valid triangle at the area of 101 somthing. my bullish count
