"Hey everyone! As an Elliott Wave analyst, I’ve been digging deep into what’s really driving the oil market lately. Many say it’s just ‘geopolitics,’ but to me, it’s all about the Wave Cycle.
We’re seeing a massive reaction to the ‘Iran War’ narrative—a sharp impulse wave that’s now moving into a complex correction. Whether we see a deal or escalation, the math remains the same: the underlying trend is strong.
Why does this matter? Because the market speaks in waves, not just headlines. Right now, I’m monitoring a complex Double/Triple Zigzag pattern in the DXY (Dollar Index). A world where the dollar grows indefinitely isn’t just unsustainable; it’s a recipe for global crisis. True market balance requires equilibrium, not one-sided dominance.
Stay tuned as we track the weekly and daily charts. It’s not just about trading; it’s about understanding the pulse of the global economy through the Elliott Wave lens. Let’s ride the waves!"
We’re seeing a massive reaction to the ‘Iran War’ narrative—a sharp impulse wave that’s now moving into a complex correction. Whether we see a deal or escalation, the math remains the same: the underlying trend is strong.
Why does this matter? Because the market speaks in waves, not just headlines. Right now, I’m monitoring a complex Double/Triple Zigzag pattern in the DXY (Dollar Index). A world where the dollar grows indefinitely isn’t just unsustainable; it’s a recipe for global crisis. True market balance requires equilibrium, not one-sided dominance.
Stay tuned as we track the weekly and daily charts. It’s not just about trading; it’s about understanding the pulse of the global economy through the Elliott Wave lens. Let’s ride the waves!"
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.