I am Short from 56.50 Till 20.00 For 2017
See the Elliot wave pattern on the Chart
Self explaining my Short .
All Corrective WXY X WXY X WXZ Ending at 20.00
Elliot Wave By mazchaudhry
Trade at your own risk .
US OIL Wave Pattern ( Corective Pattern )
Instead of making a 12345 Down wards ,,It made a ABC = X
Conclusion :::
It is in upward movement in WXZ Pattern .
So I am Long in US Oil till 56.5
Regards
Elliot Wave By mazchaudhry
Trade at your own Risk