USOIL - Elliott wave – update count – ending diagonal in ((V))

ending diagonal in minute wave ((V))
5 waves - zigzags (simple, double, triple-zigzags)
(i) of ((V)) is over in abc
three waves down to (ii) should follow

ALT: wave ((IV)) is not over yet

critical price area

previus daily close 69.73
PP 70.00 DW
FIB: 70.06 – 70.29
static S/R : 70.00

Note

ending diagonal in minute wave ((V))
5 waves - zigzags (simple, double, triple-zigzags)
(i) of ((V)) in abc is NOT over yet
next target c = 1.61 a - 76.00 area

PP 70.60 UP

francescoforex

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