m_akmalhakim1991

Wave 5 Elliot wave completed its 5th subwave

Long
BLACKBULL:WTI   WTI Light Crude Oil
Wave 5 Elliot wave completed its 5th subwave with 100% of Wave 1.
Expecting to form Wave A, and wave B retrace at 78% of wave A.
To entry once Wave A from a candlestick pattern bullish/demand pattern, at the beginning of Wave A.

Very good bearish pattern (drop-BASE-drop) at beginning of wave 4, expecting new bullish Wave A to target at the BASE - TP at $105.8
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.