After months of tracking Oil's decline, I was finally able to put the puzzle together. I rearranged the count so that it now makes much more sense. It does not alter the overall analysis, but rather strengthens it because the count is more simple and natural.
Wave A of (W) absorbed all wxy zigzags into leading diagonal and wave (W) has grown in size. Wave X now appears more organic. Previously ABC flat appeared stretched. Now all those inconsistencies are fixed.
Wave A of (W) absorbed all wxy zigzags into leading diagonal and wave (W) has grown in size. Wave X now appears more organic. Previously ABC flat appeared stretched. Now all those inconsistencies are fixed.
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.
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.