Crude Oil Elliott Wave Idea
Atualizado
An update to a previous idea > 
It appears the the 5th wave is now completed after coming close to the .382 level of wave 3 before pushing down to just below the .382 extension. It also ties in with this idea that Y wave is completed >
There are 5 waves down with nice Fibonacci relationships >
1.618 of wave 1 for wave 3 termination, 1:1 of wave 3 for wave 5 termination
Zoomed in those waves you can see the ending diagonal for wave 5 of 5 >
I'll let the current waves develop and attempt to plot some waves once things settle down but on 5min timeframe there is already some nice Fibonacci relationships >
It appears the the 5th wave is now completed after coming close to the .382 level of wave 3 before pushing down to just below the .382 extension. It also ties in with this idea that Y wave is completed >
There are 5 waves down with nice Fibonacci relationships >
Zoomed in those waves you can see the ending diagonal for wave 5 of 5 >
I'll let the current waves develop and attempt to plot some waves once things settle down but on 5min timeframe there is already some nice Fibonacci relationships >
Nota
Please ignore this idea as I didn't complete it before posting, check this chart > 
Nota
So tired...not the above chart, this one :) 
Aviso legal
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