Oil is in a flat correction currently (335 pattern likely). Compare with the sharp wave 2 correction, this flat correction will most probably continue to June 13th or longer. Let's see how alternation rule play!
Montly chart Elliott Wave:
Good luck for everyone!
Nota
Updated elliott wave counts and correction wave time target until June 27th.
Nota
The potential reverse zone is around 50.5~51.5 from harmonic pattern analysis. I will short at this zone.
Nota
Price was rejected back from the upper border of wedge.
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.