finitemonk

WTI - Intraday Wave Count

FX:USOIL   CFDs on Crude Oil (WTI)
112 views
0
112 0
IF - this wave count is correct and we are currently in (iv) & IF wave (iv) is at the 0.382/0.618 level of the whole wave (as it is in wave iv of ( iii ) and in wave iv of iii ) & it continues to drop in a wave (v) then the end should be at approx. .. ooh, I've reset wave (iv) a bit higher - 74.67 - just a tad below the Oct. 2011 low @ 74.94 - (the other alt count is it's an a-b-c & it's done - Brent is already low enough in the equivalent wave structure, though I'm not really seeing a low in the WTI weekly RSI yet. (74.67 would be 1.9 x wave (i) - seems a bit long but ≈ $75 seems really quite realistic & feasible)
NB . Currently trying to equate this overall chart with the EURUSD ... making me think is this wave?? Hmm. Or what situation could send the EUR very low & oil very high. Hmm.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out