WTI in hourly chart (update)
Hello
I have published my idea about WTI in a bigger scale and this is just another complementary counting for that. For now it is just an immature idea we need to count an ABC reasonably and then get the confirmations for sell.
I have published my idea about WTI in a bigger scale and this is just another complementary counting for that. For now it is just an immature idea we need to count an ABC reasonably and then get the confirmations for sell.
Nota
fake news of war can rise up this wave (2)Nota
I am waiting for a massive sell order to put my stop behind that. Nota
It is wave A of ABC (90% not 100%)
It can be the entire of ABC.
If it makes another abc in sub-waves so it was A, but it makes an impulse structure
it is preparing for dive.
Less common common scenario is to pass invalidation and takes time to drop
Nota
As I told you guys,
I am still on my idea that it was wave A of ABC and this GAP was sub-wave c of abc of B
and next week market will make wave C of ABC.
Nota
On Aug 6th I said that these fake news about war in the middle east is just
for pushing up the price and now I predict another push because I guess Oil
wants to correct up to Fibonacci 75% of wave 1.
The second scenario is that Middle East war starts from now but I am pretty sure
that it is a little soon for that.
Nota
I expect "Cease Fire In Gaze" for the next week to make my bearish trend logical.
Do not forget that, "this is trends making news".
AMA
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