Hello everyone,

Sorry, but I have to adapt my count. And now, I must say: it’s absolutely good for 80+!

The new count:

Wave 4 (purple in brackets) ended not at 63.57 (this was just corrective wave a, blue in brackets). Wave 4 ended at 64.40. Since then WTI has made a huge 1-2 setup, as you can see in the chart above (blue in brackets). So, if I am right, WTI will start wave 3 of 5 of 5 of 5 of 3 now. This means, that WTI is not even good for 80, but eventually 90+.

If I am wrong, WTI will collapse down under 60. It is important, that 64.40 will hold, if not, the count is dead. So, be careful.

Don’t hesitate to contact me, if you have any questions or other ideas!

Take care
tgo
Beyond Technical AnalysisChart PatternsCrude OilElliott WaveentryforecastLONGshortTrade ManagementWave AnalysisWTI

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