WTI -One leg up into more sophisticated corrective rise
There is a possible one more leg up in WTI. The last decline (elipce mark) is not an impulsive due to the overlap within it.
In case that is true to the market there is some potential in wave Y. RSX 1H is to the upside.
In case that is true to the market there is some potential in wave Y. RSX 1H is to the upside.
Trade fechado: objetivo atingido
Possible level for the end of the current corrective rise. RSX 1H is still forming the turn to the downside but not yet. This is also can be only the end of wave a in Y. That should be enough to get stop order into break even zone.
Nota
First channel can be the level of the turn. It will be evident soon if that is true or false
Trade fechado: objetivo atingido
Possible H&S not long to wait for the prove.
Nota
Not clear whether wave Y is finished. Current downside is not impulsive yet so that can be only be wave b of (c) of Y with targets at 71+-Otherwise the current downside can be 1-2 sequence. Break lower that 69.08 will add odds to this scenario.
Nota
Seems to be 1-2,1-2 to be the basic scenario now. If this imulse can be the start of the big third wave but it is still possible to be part of the correction in the second wave. The shape of the subsequent rise will tell more.
Nota
Ups FIbo flipped upside downTrade fechado manualmente
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.