IgnatBorisenko
Long

CRUDE OIL - bulls are still there

NYMEX:CLV2016   LIGHT CRUDE OIL FUTURES
This bullish count requires a confirmation, so we see a small bullish impulse inside wave iii             , then I'm going to buy.
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I`ve entered it and I am in loose , What I think I`ve to do next week?
+1 Reply
d.abdelrhmansabry d.abdelrhmansabry
I = you
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Rate hike odds are high again, so oil is under pressure and looks like today's price action will continue next week.
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Yes, so I wrote about a confirmation for this wave count :)
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Gorbie IgnatBorisenko
Wave 3 cannot be the shortest one and it’s usually the strongest. It should extend 1.618 Fibonacci extension of wave 1 and it could go up to 2.618 Fib extension or more.
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I know the rules )) What do you mean related to this chart?
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