Joseph_King

Crude Oil Elliot Wave Idea

TVC:USOIL   WTI 原油差價合約
Still trying to pick a top :)

Slightly different internal count for wave 5 of wave 3 pushing up to 6666 (0.5 fib $107/$26).
評論: First TP hit with this idea and I've bought at 6150. Looks like it might bust through .236 though, if so will try buying again at .382
Please update your views now. It has gone beyond 58.50 and came back. so is the wave 5 started?
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Joseph_King shaishav
@shaishav, Hi, hard to say but notice it how it bounced of the pink Andrews pitchfork median line exactly which is approximately the 0.382 area? I'm not an Andrews expert but if the ML holds under retest then I think the chances are high to see a test of the upper line in the high 60's towards 70. If the ML breaks price could test the lower line in the low 50's
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shaishav Joseph_King
@Joseph_King, Thank you and appreciated.
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