The bigger picture remains ambiguous about what will happen when the price rises to around $83-85.
The blue and black scenarios are concrete; wave should contain either a diagonal or an impulse. The green scenario is the least certain because wave b could be anything.
However, given the time it took to get to where we are now and the growing disproportions, the likelihood of the green scenario is much lower.
The blue and black scenarios are concrete; wave should contain either a diagonal or an impulse. The green scenario is the least certain because wave b could be anything.
However, given the time it took to get to where we are now and the growing disproportions, the likelihood of the green scenario is much lower.
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⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
🗃️ Extensive analysis archives
📏 Chartopedia, with examples of applying ElliottWave to real world charts