This is my first published personal trading idea depending on Elliott Wave analysis. wave 5 projection is equal to wave 1.
wave 4 might be complex correction due to the fact that wave 2 is a zig-zag correction. The distance between the red trend lines are equal. I am looking to short oil after the completion of wave 4.
wave 4 might be complex correction due to the fact that wave 2 is a zig-zag correction. The distance between the red trend lines are equal. I am looking to short oil after the completion of wave 4.