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TradingEW
Jun 11, 2015 5:39 PM

Crude Oil is still in complex correction 

Crude Oil (WTI)FXCM

Description

There's more to this complex correction (4) than it seems, as per EW 'alternation' guideline, a very complex 4th wave alternates with a very simple wave 2.
A potential expanded flat correction is developing, before resuming uptrend.
Comments
zhipengcfel
The period of wave 2 is so short comparing wave 4. Any comment?
TradingEW
Yes, wave 2 and 4 alternates in complexity of pattern, duration and price range.
zhipengcfel
Similar idea -:)
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