According to the current structure; it is very difficult to identify whether we are in an impulse wave structure or corrective wave structure...

1 can also be labeled as a and so on...



Oil as of this moment is trading between the 50 and 61.8% retracement level... if price does not move higher then we can move lower...
Crude Oil Futures WTI (CL1!)Crude OilElliott WaveWTI

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