Oil to move down impulsively

7 giu

Been tracking this for sometime now, and it has mostly behaved as expected for a couple of months. The count in oil is hard to follow, because it does not necessarily "behave" within EWT parameters, but the pattern persists, despite irregularities. I will consider this validation or invalidation. I do not know the fundamentals that will cause such a move, but the waves have led me to this conclusion. Please, scroll back and review the count and magnitude and comment if you have a different count.

14 giu

Nota

14 giu

Nota

I have changed the count upon revelation that we had a big triangle ((iv)), and the above chart reflects that. Pattern is playing ball, but looking for more magnitude to complete Minor 4.