Update to previous idea > 
It appears the correction is over as a WXY to $70,40 and we could now be wave C to $64-$65 levels.
Wave 1 and 2 of C may already be completed >
Now in subwaves of wave 3
Long term I'm still a believer that Crude can go towards $80 as per this idea >
SO $64 may be a good level to buy for higher prices
It appears the correction is over as a WXY to $70,40 and we could now be wave C to $64-$65 levels.
Wave 1 and 2 of C may already be completed >
Long term I'm still a believer that Crude can go towards $80 as per this idea >
Note
A potential scenario > If wave 2 is done, but maybe this will creep up to the 0.618 level around 6880 before the next leg down
Note
Possibly in a triangle which could indicate we're in wave 4 > invst.ly/85pbi
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.