Crude Oil Elliott Wave Idea
An update to a series of ideas that have crude in bullish waves up towards $75.
1D >
Recent chart with subwaves prior to this current chart >
If crude completed wave 3 then may see a correction back for wave 4 before up for wave 5; invalidation point is 6815 (wave 4 crossing wave 1).
1.618 extension at 6946 has not been met yet so may rise further before the correction.
1D >
Recent chart with subwaves prior to this current chart >
If crude completed wave 3 then may see a correction back for wave 4 before up for wave 5; invalidation point is 6815 (wave 4 crossing wave 1).
1.618 extension at 6946 has not been met yet so may rise further before the correction.
Komen:
An alternate count if 6815 breaks