I continue to expect a sharp, short-lived rally in the near term, despite the recent drops in oil prices making me feel uncertain.
The weakest point of my charts is - waves wxy of (b) and [w[]][x[]][y[]] of ii are too complex. Nevertheless, it is my best scenario for now.
If the price exceeds $83.4 or wave [a] high I provide a couple of alternatives in my Weekly Newsletter.
I see no bearish scenarios that allow keeping the previous labelling (which I have comfort with). Therefore, I will refrain from further chart manipulation. I will consider immediate bearish scenarios only if price breaks lower and I have to stop loss my trades.
The weakest point of my charts is - waves wxy of (b) and [w[]][x[]][y[]] of ii are too complex. Nevertheless, it is my best scenario for now.
If the price exceeds $83.4 or wave [a] high I provide a couple of alternatives in my Weekly Newsletter.
I see no bearish scenarios that allow keeping the previous labelling (which I have comfort with). Therefore, I will refrain from further chart manipulation. I will consider immediate bearish scenarios only if price breaks lower and I have to stop loss my trades.
➡️t.me/charta_energeia — regular Elliott Wave and trend analysis on Oil, Gas, and Crypto.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
➡️t.me/charta_energeia — regular Elliott Wave and trend analysis on Oil, Gas, and Crypto.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.