Possible long under BS+AS

Nov 4, 2020

Possible long under BS+AS. Basic Scenario - up in the wave ((3)). Wave (1) can be finished or close to it. Corrective decline in (2) will confirm BS.
AS - rise only in wave 2 of ((5)) down. But due to ((a)) of 2 is impulse, there is possible ((b)) down and one more impulse up in ((c)) of 2 of ((5)).

Nov 4, 2020

Note

Closer look at 15 min. There is a problematic zone in the possible (1) that makes me to see the additional scenario with move down to new lows just after the new local top

Nov 5, 2020

Note

Can be in the final leg 5 wave (diagonal shape). Wave ((c)) is underway. Possible top is close.
ALT - can be bigger rise potential in wave ((c)) of 2.

Nov 6, 2020

Note

The diagonal in 5 of (1) did not played out like I supposed. It can be now in decline in wave (2) already. Meanwhile I see no clear impulse to the downside yet.

Nov 8, 2020

Note

It is possible end of the corrective decline in wave (2) or ALT ((b)) of 2. It is possible to see more decline though because it quite small retracement

Nov 9, 2020

Note

Well that appreas that wave (2) of ((3)) has been finished. Not up in the wave (3) of ((3)). This wave can extend even higher, so corrective declines can provide opportunities for the long. ALT - it is wave (2) now, but still possible more to the upside.

Nov 10, 2020

Note

The wti can be in the final stage ((i)) of the (3). ALT - down in (3) of ((5))

Nov 22, 2020

Trade closed: target reached

It seems to be more downside potential from the current levels. It is over for the long for now.
BS - down in (c) of ((ii)). ALT - down in 3 of (C) of ((2))