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m_akmalhakim1991

New Wave 3 is coming

Long
WTI Light Crude Oil (BLACKBULL:WTI)  
m_akmalhakim1991 Updated   
BLACKBULL:WTI   WTI Light Crude Oil
Trend Analysis Fibonacci Wave Analysis
1
0
trendanalysis fibonacci waveanalysis
Ending of ABC H4. Now entering new wave 3 for 30 mins chart with projection of bullishness up to $121 for typical 161% Fibo target of Wave 1 Elliot wave.
Comment:
Retracement as expected as part of subwave 2 of primary wave 3.
Formation of Head & shoulders in progress. Standby for our target.

It seems line prone to ABC. TP can be as $114 instead of &121.
Comment:
Retrace stopped @ 68% of subwave 1. As expected.

Moving upwards toward $114.
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