OIL Down

THink we should see the C-wave down
strong trend line and resistance turned support

stops a little above B

Kommentar:

I entered just b4 posting

Kommentar:

I THINK MY COUNT WAS WRONG HERE IS NEW COUNT

Kommentar:

We are in motive wave 2 if this ix corredt

Kommentar:

Sorry ABC structure completes wave 2 and we are in WAVE 3!!!

Kommentar:

Note to self. Always do alternate wave counts if the possibility exists.
My last wave count ws wrong because B showed a clear 5 wave structure I should have taken that as a clue that it was not a B leg(3 wave) and impulsive