Light Crude Oil Futures
Updated

Crude Oil Elliott Wave Idea

749
Update to this 5 wave count >
Crude Oil Elliott Wave Idea


And internal waves of A in this larger degree count >
Crude Oil Elliott Wave Idea


Even though oil hit the .382 level at $55,57 it retraced and climbed a little higher, I think there is still a little more to come, the .382 extension from wave 1 is at $55,91, from there A may be completed before a larger correction back to where the move the $50 mark started, then up towards $60+
Note
Unable to post a 5H chart here, please take a look here > tvc-invdn-com.akamaized.net/data/tvc_0e95d2a254b2923b71243212d36694eb.png

5H candle is similar to last two tops, 5%+ drop occurred last two times. Looking for .382 at $50,66

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