DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
TRANSENTERIX INC, NEOTHETICS INC, PETRONE WORLDWIDE INC, FORD MOTOR COMPANY, GENERAL ELECTRIC COMPANY, BANK OF AMERICA CORP
S&P 500, Nasdaq 100, Dow 30, Nikkei 225, DAX, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Coffee, Cotton
Bitcoin / Dollar, Ethereum / Dollar, BCH / 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)
Does this channel and wave count give us a clue for the next big move? However, Gold may see more downside before this
expected big move is taking place.
As the chart tells us, WTI crude oil is positioned to trade cautiously higher to achieve a target above $60 BBL. Sustain trading below $48 may negate this scenario.
This is a new update to a previous idea
Reading the chart could explain the whole story!
It seems target of wave C is in the making for perhaps to $1350 area!
It may give us a clue for the next major move!
Let us follow the chart as shown!
We may be approaching sizable sell off!
Pick up your choice!
Could be higher before sizable down
Chart explains the next move!
We are looking for $62.15 per BBL target.
The trend is your friend!
Let us see how crude oil develops the next major move!
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.