Join The Community

Search

Wednesday, 27 June 2012

Crude Oil Elliott Wave H1 & H4 Update

The triangle pattern on M30 did not work out so it is time to consider that we got the wave 5 impulse of varius degrees already on chart and now it is time to consider more bullishness comming.

 If 61%FibExp will not hold or at least blue line will not mark the wave Y top, any movement above the mentioned level looks more bullish.

So the question really is: which break out  goes first?Downside from triangle on H4 on upside impulsive on H1?

Seb

H4 here:


0 comments:

Post a Comment

Note: only a member of this blog may post a comment.

 
Don't Forget To Join US Our Community
×
Widget