hthieuvn

STILL WAITING TO CONFIRM THE ELLIOT WAVE IN UKOIL

FX:UKOIL   CFDs on Crude Oil (Brent)
241 5 5
STILL WAITING TO CONFIRM THE ELLIOT WAVE IN UKOIL            
hello, I have a question about your analysis. Why did you not consider the candle of 03/08 as the end of wave 3 and the candle 03/15 the end of wave 4 ? I'm grateful for aid. I would also like to know if you are using a software for automatic calculation of the waves?
I thank you for the help.
Reply
hthieuvn rosario68
Hello rosario68, thanks for your question. I actually don't use any of software for automatic calculation of the waves (I wish I could have for double check). So this is really just based on my view. I passed these two candles (03/08 and 03/15 as the end of wave 3 and wave 4 respectively) to go through the higher high candle 03/22 as the peak/the end of wave 3 so therefore wave 4 and potential wave 5 are more reasonable. I also based on the support/resistance areas and especially based on the Fibonacci ratios. Actually I'm still waiting to see whether I'm right or wrong in my own point of view. Hope that my answer could satisfy your question.
Reply
hthieuvn hthieuvn
Besides, I think the candle 03/15 is not deep enough to create wave 4.
Reply
very nice!!!
Reply
hthieuvn Swing_Trader
Thank you for your kind comment.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out