#CRUDEOIL headed down in Wave C Viés de baixa

Crude Oil FuturesNYMEX

Descrição

⋅ 24 de Set de 2020 17:00

#CRUDEOIL should head down below recent lows in wave C as part of the correction following the break out from the ending diagonal .

Trade ativo

⋅ 4 de Out de 2020 07:17

#CRUDEOIL moving down in Wave C as anticipated. Continue holding short positions. expected range is 30-34. We'll look at this more closely as the downtrend progresses

Comentários

charliew1211

⋅ 2 de Out de 2020 07:47

Hi, just a quick question, I'm not to brushed up on Elliott wave theory, does wave c usually pass a low as a rule then?

SolomonsView

⋅ 2 de Out de 2020 08:32

@charliew1211, yes Charlie , almost always. C is usually = A or 1.6 times A . This means it will overshoot A on the charts

There are other situations but this may be limited space to explain

charliew1211

⋅ 2 de Out de 2020 09:55

@SolomonsView, Thanks Solomon, much appreciated

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