Crude Oil Elliott Wave Idea
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Looks like wave 4 is complete by running flat ABC and now in the 5th wave to $55 level, from there possible correction to complete right shoulder of inverse head & shoulder before the next leg up.
Looks like wave 4 is complete by running flat ABC and now in the 5th wave to $55 level, from there possible correction to complete right shoulder of inverse head & shoulder before the next leg up.
Note
The 5th wave maybe complete now, using fib extension from the start of wave 3, wave 5 hit the .382 extension exactly (previous chart used fib extension from the start of wave 1) and may now start a correction 
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