FayezMutairi

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Joined fayez_mutairi
Markets Allocation
100 % other
Top Mentioned Symbols
UKOIL 62% | 5 USOIL 37% | 3
FayezMutairi FayezMutairi USOIL, 120,
USOIL: USOIL 3 months forecast
55 0 1
USOIL, 120
USOIL 3 months forecast

Heading towards 70

FayezMutairi FayezMutairi UKOIL, 120,
UKOIL: Is Brent heading towards $86 ?
267 1 0
UKOIL, 120
Is Brent heading towards $86 ?

The correction seems complex and an impulsive wave has yet to come.

FayezMutairi FayezMutairi UKOIL, 120,
UKOIL: Brent
1022 0 9
UKOIL, 120
Brent

Brent most probably is moving in an ending diagonal heading back to double top at $63 to complete the fourth wave then it will be heading down to make a double bottom around $45

FayezMutairi FayezMutairi USOIL, 120,
USOIL: Updating the chart
220 0 2
USOIL, 120
Updating the chart

Taking off retracement tool :)

FayezMutairi FayezMutairi USOIL, 120,
USOIL: USOIL (WTI) heading for 38$
212 1 2
USOIL, 120
USOIL (WTI) heading for 38$

If it drops again below 52, then wave will most probably be over and a new wave is in progress initially targeting $38.

FayezMutairi FayezMutairi UKOIL, 30,
UKOIL: Brent is still moving as predicted
130 0 1
UKOIL, 30
Brent is still moving as predicted

A bounce back is on the way targeting around 56.70 .

FayezMutairi FayezMutairi UKOIL, 30,
UKOIL: UKOIL
108 0 0
UKOIL, 30
UKOIL

Elliott wave trial to find out where Brent is heading to.

FayezMutairi FayezMutairi UKOIL, 1, Short ,
UKOIL: Oil is targeting 77.5
55 0 0
UKOIL, 1 Short
Oil is targeting 77.5

Brent oil has retraced from its bottom at 67.5 to 73 in a clear 5 waves. Now it seems is in a flat correction. Once completed it will be heading towards 77.5 either as wave 3 or wave C.

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