Joseph_King

Crude Oil Elliott Wave Idea

Joseph_King 업데이트됨   
TVC:USOIL   WTI 크루드 오일 CFDs
Please ignore this idea > I forgot to plot any potential outcome (its late here) :)

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 >
I think one possibility is a WXYXZ back to the level of wave 4 in the impulsive move up and the 0.382 retracement level >
코멘트:
I've updated this count slightly as the WXYXZ doesn't fit > >
코멘트:
Looks like correction might be done > There is a bearish count to keep in mind, maybe this move down from the top is wave 1 and in wave 2 now
코멘트:
Alternate count if low of day breaks

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.