Recap of last week: - US Oil still drifting towards our next target of 65 as discussed. Current low sitting at 67 but still no confirmation that wave 4 has begun - US30/US100 saw some early pressure but the dips were bought more so in the US30 which gave a pretty strong weekly close. US100 still base building but ready to launch - Gold and Silver remained strong last week and have given a good rise from their swing lows Factors for this week: - Oil should soon find its bottom (of wave 3) and begin wave 4. We were expecting this last week but no signs yet to confirm that wave 4 has begun. - US30 - Going strong and will continue to rise. May have a bumpy day mid week but continue to buy on dips until 54000+ levels are here - US100 - Base building should be done. US100 seems set to rally this week as well - US dollar is almost ready to complete its corrective pullback and begin the next step of its rally - Gold and Silver are at an important juncture. This week will be very important in determining which scenario they fall into. A strong week breaking important levels could prove that the W4 corrective is over. However, if bearishness comes back in midweek and gold / silver close the week with a bearish candle, chances are we are going to see new lows in both the commodities.

Which corrective pattern do you find the hardest to identify in real time? A) Zigzag (5-3-5) B) Flat (3-3-5) C) Triangle (3-3-3-3-3) D) W-X-Y Combination E) W-X-Y-X-Z Triple Combination 💬 Which one gives you the most trouble, and why? I'd love to hear everyone's experiences. Once a few people have replied, I'll share some of the things I look for when trying to distinguish between the different corrective structures.

Buy - Above 51777 SL - 50681 (or currently forming swing low) Tgt - 54000 ++ RR - 3.2+

Sell below - 1.2600 (sustained break of trend line) SL - 1.33261 (Swing High created once trade active) Tgt - 1.3000 RR - +3.5

Hi! Totally new here and pretty new to the Elliott Wave. Not sure if question posts like these are what you do here but thought I'd give it a whirl. What do you think about this chart? Does it make any sense and are there any obvious improvments? Any inputs are appreciated.