Your browser does not support JavaScript!
Oil Elliott Wave Blog!

SP500 Elliott Wave Theory in Action

Elliott Wave Crude Oil Futures Options CFDs 25 April 2019

Elliott Wave Crude Oil Futures Options CFDs 25 April 2019

Oil-Elliott-Wave-fut...

Elliott Wave Crude Oil Futures Options CFDs 25 April 2019

Oil 1 Hour Chart
Thursday, 25 April 2019 at 08:03 GMT

Crude oil made only three legs from the highs, so we think that's just another corrective set-back within ongoing uptrend where next leg up can be fifth wave. Ideally we will see a rise into 67.00 area.

oil1hr04-25

Oil 4 Hour Chart
Thursday, 25 April 2019 at 06:22 GMT

No change.
Crude oil broke nicely to the upside recently, right out of a triangle correction which was located in a wave 4). We can see a nice impulsive reaction in play from the 63.48 level, which can now be labelled as a sub-wave 5) of C or three, that can take price towards the Fibonacci projection area of 261.8 and 61.8 (66.60/67.60 area). That being said, limited upside can be seen because at least a three wave set beck should occur.

oil4hr04-25


GET A TRIAL MEMBERSHIP HERE

$1 for a 20 Day Trial Membership to see for your self!


Education: Elliott Wave Structures

Elliott degrees in order: Grand Super cycle wave, Super cycle wave, Cycle wave, Primary wave, Intermediate wave, Minor wave, Minute wave, Minuette wave and Subminuette wave.


Elliott Wave Crude Oil,  Crude Oil Futures, Crude Oil Options, Crude Oil CFDs

 

Related

Not any article

Tags

Categories

Share

You need to login in order to comment
What our clients say
Latest Oil posts

 Get Your Trial
20 Days for $1

 

WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!

  • Our coverage means you get maximum flexibility in your trading options
  • Trade Signals for Share + CFD trading
  • Analysis + Trades updates every day
  • Elliott Wave specialists
  • Discretionary strategies to take away

 

Our huge range of markets include charts + videos for:

  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil
  • Forex daily – Primary pairs + US Dollar Index
  • Buy/Sell Trade Signals – ASX, US + UK stocks – selection, set, come back next day


Also included so your trading can really improve:

  • TradeCheck to check your own analysis or trades
  • CFD Analytics Software to calculate, manage and track your trading
  • Trading Education plus One-2-One Class
  • Phone + Email support
  •  
AddThis Sharing
AddThis Sharing