Wednesday 29 Jun 2022

OIL Elliott Wave Analysis: Complex Correction In Wave (iv)

By ew-forecast.com (www.ew-forecast.com) · February 4, 2014 · Comments Off
Energy · Elliott Wave Analysis, Oil

Crude oil is now turning slightly down from around 98.60 after only three waves up from 95.20 so we labelled this move as wave b) that is part of a complex correction in wave iv). We are tracking idea of a flat where we may see a re-test of 95 area before prices may turn up again for wave (v) of A.
OIL 4h Elliott Wave Analysis
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OIL Elliott Wave Analysis: Complex Correction In Wave (iv)

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