WOLF has broken out of long horizontal resistance It has formed a sort of Ascending Broadening Wedge structure that looks quite bullish above the resistance which is now a support for price
wave count of the pair is seen on the chart and the pair is trying to complete its 5 impulse wave toward 111 and then retreating toward 106 or even 103 now the pair is making its 5th wave target are getting from ichimikou overlapped tenkensen and kijensen on 4H and 30 minute a wolfe wave is also seen that helps us better understand wave structure please see and...
Russia side: As the European Union prepares to implement a ban on Russian seaborne crude in December, the market will have to prepare itself for a loss of 2.4 million bpd, according to the International Energy Agency The ban on Russian crude imports by sea will take 1.4 million bpd of oil off the market, along with 1 million bpd of petroleum products. This is...
we are in wave 2 of a bigger wave 3 for downward move toward target of 75 $ wave count are seen on the chart and with strong CPI yesterday ,bearish move resumed Recent data showed China’s economy lost further momentum in August, with factory activity extending declines and export growth slowing. The world’s second-largest economy narrowly avoided contracting in...
dxy is short for a while then resume its upward move so it seems that dollar index is down to 107 and then it is going up for 114 and 116 please see my previous analysis as follows
please see wave count of the coin as seen on the chart .we are now in 5th wave to complete bigger 3rd wave . for get better view please see big picture link please also see my previous analysis as well
xrp is completed its first leg of 5th impulsive downtrend and now it is in correction and sooner or later it will resume downward move toward 0.23 . our wave count is seen on the chart and after wxy correction we have seen bear move resumption. for better view please see big picture on daily time frame as requested by @s_hers
bullish scenario delayed for a while due to aggressive interest rate hikes and China’s COVID-19 curbs and invalidated our upward wave count. now with ichimikou overlapped tenkensen and kijensen on daily timeframe we understood that bearish move continuation is imminent toward 75$. Despite the market’s strong performance the past two sessions, crude oil is still...
in Daily time Fram I think wave 3 is finish correct now will go to wave 4 and also in wolf wave at the same time is give me price action to inter buy
Canadian dollar index is within its correctional wave and a wolfe wave pattern is seen there indicating final leg of WXY will be completed this week BOC will announce new interest rate which predicted to be hawkish
Fawaz is very promising and has just formed a bullish flag as highlighted in yellow to continue his impulsive wave 5 of Wolfe.
price clearly pullback on daily timeframe trendline along with MACD divergence are signs of bullish move despite heavy fall down of previous week . so the lower line of the two channels could play a role of strong support to up the price European Commission president calls for price cap on Russian oil so this could interrupt supply from one hand and from...
daily time frame wave count is a big picture of usoil wave sturcture as depicted on the chart indicating upward move toward 112-115 $ then going down for 75$ as these two numbers is taken from Kijensen and Tenkensen overlapped target and also our wolfe wave pattern and is in coincidence with USDCAD wave structure as below if you have any comments about how you...
wave structure of USDCAD is crucial as it will give us an idea how USOIL will move these two pair and commodity is intensely and inversely correlated . USOIL is directly affected by USD and CAD so this USDCAD pair is always under scrutiny as some traders talked for it inversely now pair is in a huge WXY to complete its B bigger wave . there is a blue rectangle...
Long idea for TORNUSDT stick to entry at 9.91 TP1 12.5 (~40%) TP2 16 (~60%) SL 8.7 Supported by Wolfe Wave analysis
oil is now in correction phase as it is making wave 2 of its bigger 5 wave impulsive wave fears of recession and lower demand due to aggressive central bank interest rate hikes are mentioned for the sudden shift to the downside as well as reports that Iraqi crude exports have been unaffected by domestic skirmishes. These events push prices higher the previous...
xrp is making wave 5 and its final destination is 0.2 we analysed using wave count and wolfe wave please see my previous analysis as below any comments please share tnx
audcad is seeking for 0.88581 as its target fibo level and wolfe wave pattern along with wave count used in this analysis any comments please share tnx