As of now I’m considering the Bearish count in Crude Oil as it seems to be the one being followed.
It seems that we are moving up to complete the circled Wave 4 around the 45.70 level and then down for the 5th, it is possible that I might have to make a change in degree of progression but that does not affect the trading plan.
Crude Oil to move up for Wave 4, 20th June 2017 (Elliott Wave Analysis)
To get clarity on the bigger picture of this scenario you should read this previous report.
I will update further as this market progresses.
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