Joseph_King

Crude Oil Elliott Wave Idea

Joseph_King Atualizado   
TVC:USOIL   CFDs em Petróleo Bruto WTI
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 >
Comentário:
Please ignore this idea as I didn't complete it before posting, check this chart >
Comentário:
So tired...not the above chart, this one :)

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.