Crude Oil Elliott Wave Idea
تم تحديثه
Looks like we might be in wave 4 pull back to around the 0.382 level of wave 3 in the form of WXY > 
Yellow line in the chart is the 3.618 extension of the larger degree wave 1. Possibly pullback one more time for a larger degree wave 4, then down for larger degree wave 5.
Yellow line in the chart is the 3.618 extension of the larger degree wave 1. Possibly pullback one more time for a larger degree wave 4, then down for larger degree wave 5.
ملاحظة
Maybe ABC and 3 of C hitting 4.618 extension > ملاحظة
WXY, or even WXYXZ possible too > ملاحظة
May be in something complex > According to rules below WXYXZ could be possible.
Wave W must be a zigzag pattern.
Wave X can be any correction pattern, except an inverted broadening triangle.
Wave X is smaller than wave W.
Wave Y must be a zigzag pattern.
Wave Y is, at minimum, equal or bigger than wave X.
Wave X² can be any correction pattern, except an inverted broadening triangle.
Wave X² is smaller than wave Y.
Wave Z must be a zigzag pattern.
Wave Z is, at minimum, equal or bigger than wave X².
ملاحظة
So far looks like WXYXZ completed with Z equal to X > ملاحظة
If wave 5 has started > ملاحظة
Possibly a bigger WXY in play, bounced perfectly at .786, 1.272 extension around 6740 > ملاحظة
Could be in C, in ending diagonal ملاحظة
An idea > ملاحظة
Looks like a starting wedge for wave 1 of 5 so may pop out of the wedge and correct before moving down further ملاحظة
The never ending correction? Now looks like WXYXZ > ملاحظة
Its possible I think that this 5th wave is completed; Some nice Fibonacci levels, extensions of wave 1 and 3 > 
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