Long Trading opportunity in Crude (Elliott Wave Analysis) 18th August, 2017 onwards


It look like Crude has just completed a Ending Diagonal and also broken the upper trendline.
If this is an Ending Diagonal then we can expect Crude to make new highs from here on.
SL : Below 46.40
Target : Last Swing high

Ending Diagonal in Crude 18th August, 2017

Ending Diagonal in Crude 18th August, 2017

 

It looks like a good long opportunity from a Risk to Reward perspective, I will update as this market continues.

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