Gartley and Elliott wave for CRUDE OIL (BRENT) in May & July
I believe the close it Harmonic Pattern will be Gartley
the Rule below
The Gartley Pattern Key Characteristics
The Point B must be the exact 61.8% retracement of XA
• The projection of BC must not exceed 1.618
• Point C point must be within the range of 0.382–0.886 retracement
• The point D must be precise 0.786 of the XA leg
it might not achieve all figure right but Crab pattern says D target 120 Dollar which far away. after the ABC correction might in May we see the price 63.
In July will see Elliott wave 1 target 69 dollars then wave 3 targets 73 dollars and wave 5 will target 81 dollars.
the Rule below
The Gartley Pattern Key Characteristics
The Point B must be the exact 61.8% retracement of XA
• The projection of BC must not exceed 1.618
• Point C point must be within the range of 0.382–0.886 retracement
• The point D must be precise 0.786 of the XA leg
it might not achieve all figure right but Crab pattern says D target 120 Dollar which far away. after the ABC correction might in May we see the price 63.
In July will see Elliott wave 1 target 69 dollars then wave 3 targets 73 dollars and wave 5 will target 81 dollars.