top of page
Recent Posts
Featured Posts

Crude oil Elliott Wave Analysis - Courtesy Of Brains Online Trading Academy

Crude oil Monthly Elliott wave Analysis

Refer the Higher time frame analysis from our trading view profile here.

lets understand what the market is doing in larger time frames, say, Crude oil Monthly chart analysis.


Crude oil Monthly Elliott Wave Analysis

The monthly charts shows an infinite clues for understanding the mas psychology and to list a few,

  • The long Term trend is relatively down (not referring to what has happened but the future)

  • The path chosen or the route selected to achieve the target is complex structure, say triple three (W, X, Y, X & Z).

  • Within which we now see an interim rally for the wave (X) after (Y)

and lets deal with the properties of X in weekly and daily time frames

The retracement Profile for the previous plunge from 114$ to the start of X.

Retracement Profile for Crude oil analysis

Crude oil Weekly Elliott Wave Analysis

Hold on to the same idea, the internal structure within X is important to understand market Psychology in that levels of trend and lets go even closer

The Internal labeling within X's are explained in the video below,

where the second retracement is drawn for the just finished Primary degree wave w and which is obviously followed by the wave X and for our great exclamation, the market has found its support in the areas of 61.8% (40.84) levels

What after that?

Lets deal with the analysis in the Daily time frame

Crude oil Daily Elliott wave analysis

The internal sub divisions within the intermediate (X) wave are also explained clearly in the Daily time frame within the video and this gives us enormous confidence that the wave (Y) has began in the intermediate degree and the same is about to lift Crude oil to new highs in conjunction with the Monthly charts that have a superior long term resistances.(refer to Monthly Crude oil Elliott wave analysis).


For Traders, who would like to learn the underlying technical concepts, without the use of any indicators or other unethical methods - just a pen & paper approach, get your hands on our online trading academy that is nearing completion - that includes lot of perks in it, such as 24/7 access to technical lecture revolving around in-depth concepts, Quizzes, discussion forums, immediate support to have a feel of personalized mentoring and we would like to throw an offer for the subscribers in our mailing list. just visit here.

TRY MORE THAN 20 % of all the courses for FREE.

For traders, who want to subscribe for our analysis (in monthly basis) that offer 100% accurate Projections, do visit PTS

Our humble request to viewers & subscribers,

Please support us, we are developing community and we need your support,

  • More importantly follow us on trading view here,

  • Please like on, share the posts on your time line and

  • Subscribe to our youtube Channel

  • Subscribe to our mailing list and we will keep you updated, Press back to subscribe... A straight Promise we'll never SPAM.

we are here to help you please feel free to use the chat facility

Thank you for reading this article,



Happy Trading

bottom of page