1. Crude Oil achieved the Wave 3 fibo target; 261.8% of wave 1. (refer to white fibo levels) 2. Since Wave 2 retraced 78.6% of Wave 1 (refer to turquoise fibo level on the left), according to Elliott's alternate rules between Wave 2 and Wave 4, I am expecting Wave 4 to retrace to 50% or 61.8% (refer to yellow fibo levels on the right). Nevertheless, it is still...
Short Near @ 68.90 (as close as it reaches with RSI tops out) // At the top of the Channel. Looks a clear short day and low closing today. Waiting ....
Here we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information give to the...
Trading Signal Short Position (EP) : 68.49 Stop Loss (SL) : 68.55 Take Profit (TP) : 68.12 Description CLM2018 formed Double Repo Sell at 30m time frame. Trade setup with Sell stop at 0.382 level (68.49) and place stop loss after 0.618 level (68.55). Once the position was hit, place take profit before an agreement zone (68.12) Money Management Money in...
Consolidation for some hours seem over ... looks to touch 88.90 in the next 5 - 6 hours (in the 15m bar)
Wave 4 was quite tricky. There are several alternative wave counts but I prefer this one because it adheres to all Elliott's rule. I hope the price will not break 66.92 as that will be a cut-off signal that Wave 5 of wave C of Wave 4 has started. Correction ABC might bottom at 38.2% (that's around wave 4), 50%, 61.8% and 78.6% areas.
All information given inside the chart. This is for the educational purpose only.
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Trading Signal Short Position (EP) : 67.79 Stop Loss (SL) : 67.92 Take Profit (TP) : 67.37 Description CLM2018 formed Double Repo Sell at 30m time frame. Trade setup with Sell stop at 0.382 level (67.79) and place stop loss after 0.618 level (67.92). Once the position was hit, place take profit before an agreement zone (67.37) Money Management Money...
Trading Signal Long Position (EP) : 67.65 Stop Loss (SL) : 67.34 Take Profit (TP) : 68.52 Description CLM2018 formed Double Repo Buy at 4h time frame. Trade setup with Buy limit at 0.382 level (67.65) and place stop loss after 0.618 level (67.34). Once the position was hit, place take profit before an agreement zone (68.52) Money Management Money in...
Wave c of E might not be over yet. This is one of the possible wave counts.
Trading Signal Long Position (EP) : 67.29 Stop Loss (SL) : 67.12 Take Profit (TP) : 68.41 Description CLM2018 formed Double Repo Buy at 1h time frame. Trade setup with Buy limit at 0.382 level (67.29) and place stop loss after 0.618 level (67.12). Once the position was hit, place take profit before an agreement zone (68.41) Money Management Money in...