Crude Oil Elliot Wave IdeaUpdate to this 1D chart >
Possibly ABC correction completed to .236 of wave 3 (4560-6666). If this is the completion of wave 4 it is sharp compared to the wave 2 we had from 5040 to 4570 which is as per Elliot Wave theory.
Appears to be completed as per this idea on smaller timeframe >
1.618 of A wave reached for completion of C.
I bought at 6150. If low of today breaks will wait to try buying again at 0.382 (59ish).
