Compound corrective combination expanded to two ABC's, flat and triangle as a final actionary pattern. Leg Y is comprised of a minimum of two structures of which the first one is ABC and the latter one is a triangle. Buy now sell between 0.027 and 0.028. Triangle as a final pattern predicts a powerful up movement.
Crude_oil is forming Elliott's double three correction pattern. One wave (w) has completed and the wave (A) of the other wave (Y) is near finishing. Now wave (B) will start. The price will soon reverse.
After some signs of the reversal, this may present good buy opportunity with great risk reward ratio.
