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CFDs sur Pétrole brut (WTI)
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Flat correction until June 13th

Par zhipengcfel
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Oil is in a flat correction currently (335 pattern likely). Compare with the sharp wave 2 correction, this flat correction will most probably continue to June 13th or longer. Let's see how alternation rule play!

Montly chart Elliott Wave:
Elliott wave analysis on oil in month chart

Oil month chart elliot wave analysis (2016-01-21)


Good luck for everyone!

Note
Updated elliott wave counts and correction wave time target until June 27th.
snapshot
Note
The potential reverse zone is around 50.5~51.5 from harmonic pattern analysis. I will short at this zone.
snapshot
Note
Price was rejected back from the upper border of wedge.
snapshot
Trade fermée: cible de profit atteinte
analysisElliott WaveGannGann FanCrude Oil WTI
zhipengcfel

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