Flat correction until June 13th

2016年6月7日

Oil is in a flat correction currently (335 pattern likely). Compare with the sharp wave 2 correction, this flat correction will most probably continue to June 13th or longer. Let's see how alternation rule play!

Montly chart Elliott Wave:

Good luck for everyone!

2016年6月7日

註釋

Updated elliott wave counts and correction wave time target until June 27th.

2016年6月8日

註釋

The potential reverse zone is around 50.5~51.5 from harmonic pattern analysis. I will short at this zone.

2016年6月9日

註釋

Price was rejected back from the upper border of wedge.

2016年6月23日

交易結束：目標達成