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#Oil Elliott wave pattern update

Crude Oil (CAPITALCOM:OIL_CRUDE)  
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CAPITALCOM:OIL_CRUDE   Crude Oil
Trend Analysis Wave Analysis Chart Patterns Forex forexsignals Commodities oiltrading elliotwaveanalysis elliottwaveforecasts
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trendanalysis waveanalysis chartpattern forex forexsignals commodities oiltrading elliotwaveanalysis elliottwaveforecasts
Price seems like is forming a triangle pattern which could either be a wave b or wave 4.

As a result in case of price breaish breakout of triangle we could assume we have a wave c in progress which we could take advantage of.

And in terms of upside breakout then the fifth wave of higher degree is in progress.

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