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Crude Oil Elliott Wave Idea

Por Joseph_King
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Crude Oil Elliott Wave Idea


May be in wave 4 (of A) now but if price breaks below 5480 then the count is invalid.
Nota
Decision time soon it looks like, bottom of the channel and small wedge formed snapshot
Nota
Looks as though the 5th wave of A was completed near the 0.5 extension at 6071.

If this larger ABC count is correct then we're now in B wave, C wave should follow towards 70$.

I have one other scenario; hopefully have time tomorrow to share the ideas.
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Joseph_King
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