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Crude Oil Elliott Wave

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Crude Oil Elliott Wave Idea


Probably nearly impossible to plot a complex correction but this my theory for a possible ABC correction for wave 2, before a big wave 3 to new highs in 2018.
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Potential count for tomorrow > ekran görüntüsü
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Possibly in wave 3 of C now ekran görüntüsü
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A possibility if ABC is already completed > ekran görüntüsü
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Looks like and ending diagonal for wave C > ekran görüntüsü 6904 possibly the top for now
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Looks like wave W is completed at the 1.414 extension, may see wave X next to around the 0.618 retracement level before the next wave up > ekran görüntüsü I think it's possible for one more leg up in the wedge though.
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I think it's safe to say there is some alternate count :) Need to check
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This is either the start of something very bullish, or expanded flat correction and close to completing B wave > ekran görüntüsü
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Didn't got exactly to plan but quite well. Close to target.
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Target reached
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6690 broken, this bullish count invalid now.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.