#Elliottwave #WTI #USOIL #Fx #Commodity #Analysis

WTI Crude Oil(USOIL) 4Hour Chart 2/5/2023, 543:30:16(UTC+7)
WTI Crude Oil(USOIL)
Elliott Wave Analysis
Function: Counter Trend
Mode: Corrective
Structure: Zigzag
Position: Wave ((C))
Direction Next higher Degrees: Wave II of Motive
Wave Cancel invalid level: 64.33

Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1))