Tuesday, 4 August 2015

Old Analysis (26/6/2015) - WTI Crude

The last post on WTI crude dated 30 April 2015 had both long and short term probable Elliott wave counts. This post analyzes the move from the lows of 44 till now. Looks like prices are about to complete a 5 wave up move. Once e of wave v complete prices may start to correct. The likely targets to be estimated once the correction start to unfold.

5 Hourly chart as on 25 June 2015
5 Hourly chart as on 25 June 2015

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