CRUDE-OIL-WTI – Bullish Primary C- Long Term

TVC:USOIL   CFDs on WTI Crude Oil
475 6
CRUDE-OIL-WTI has been trading since Feb 2016 in a Bullish ABC Corrective Structure which is labeled on the chart as Primary ABC (green).

Primary A (green) unfolded as a Zig-Zag , with 5 Waves Sequence in its Intermediates (A) & (C) (light blue).
Primary B (green) completed its Corrective Structure as a Running Flat.

Primary C (green) started its Bullish Cycle with 5 Waves Sequence in Intermediate (A) (light blue), which would mean that the up-coming Bullish Intermediate (C) would unfold with 5 Waves Sequence as well.
Within Primary C (green), Corrective Intermediate (B) (light blue) unfolded as a Double Flat in the Minor WXY (red) Complex Corrective Structure.

Minor Y (red) bounced off the 100% Fibonacci Extensions of Minors W & X, which are also Levels with Points of Interest for Buyers, also 78.6% Fibonacci Retracement of Intermediate (A) (light blue).

We believe that the Corrective Cycle has finalized and that CRUDE-OIL-WTI is about to begin Intermediate (C) (light blue) with a Bullish Rally.

CRUDE-OIL-WTI - Long-Term - BUY Position:

Entry Level - 46.00
SL - 42.00
TP - 62.00
Trade active
Comment: Patience is indeed a virtue.


Website & Services:

Recommended Broker:
- Free Premium Set-ups
- Free Membership

Telegram Channel:
Private Trading Room -
Is it the right time for entry level? The price is now at SL level, close to the red dashed line. It could be a great opportunity.
@BORDOMAVI, you are right, it could be a very good opportunity, good luck!
@Libeloo24, Thank you, Sl 42.00
Gopal_Dhamija Lionheart-EWA
Hi sir 5 Abc over ...
then its time for a new large degree cycle up..
See 1 up (ur green circle wave A)
2nd Jun 17 low WXY...
Now 3 up Blasting !
Lionheart-EWA Gopal_Dhamija
@Gopal_Dhamija, this idea was posted on May 10 2017, please go to the most recent one, thanks
+1 Reply
Gopal_Dhamija Lionheart-EWA
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
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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