DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
GENERAL ELECTRIC COMPANY, SPDR S&P 500, BANK OF AMERICA CORP, FORD MOTOR COMPANY, ADVANCED MICRO DEVICES INC, PROSHARES TRUST ULTRA VIX SHORT TERM FUTURES ETF
S&P 500, Nasdaq 100, Dow 30, Nikkei 225, DAX, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
Bitcoin / Dollar, Ethereum / Dollar, Bitcoin Cash / Dollar, Ripple / Dollar, Litecoin / Dollar, Ethereum Classic / Dollar
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold (US$/OZ), Brent Oil, Crude Oil, Natural Gas, PALLADIUM (US$/OZ), SILVER (US$/OZ)
British Pound is on the way to finish wave 4 as shown. Target of $1.4 may be achieved before the sizable downtrend resume in wave 5 fashion.
This is what we see a possible scenario!
As shown in the chart!
The chart may show the future trend of the crude oil!
This is a new update to a previous idea
Reading the chart could explain the whole story!
It looks like a rising wedge on the daily chart of the WTI crude oil.
Crude may just finished a minor second wave correction.
Wave five as shown on the chart might terminate crude oil medium term top. There is possibility for retracement back to
45.75 then making a new high at 46.8/47 area. before falling.
A clear break and sustain trading above 45.5 may take crude oil to as high as $50 before sharply down.
Possible crude oil next move
Natural gas on the way for the last push down before major recovery.
This chart could provide short term direction for the crude oil price.
May I suggest for all you guys to have a look at this WTI crude oil daily chart.
To me it suggests a pullback to 41/42 area then rally to 48/49 area.