It's hard to predict the exact place of the 3,4,5 But i do know. i will try to touch 111.15 to build the third wave. Thanks btw Feel free to comment below! :D
It will touch R3 at 1.32488 or near R4, then it will drop probably at the middle of this week, Preparing for the Opec meeting for June 22 in Vienna, Austria. After that just follow the trend cause it depends if they going to Increase production or Cut Production. Which more likely to Increase, But stay tune so we don't miss it. Feel free to Comment. Thanks And...
Looking for more Confirmation. if it goes up Around till 110.38 confirming for ABC wave finishing the wave C. and entering to Elliot wave 12345, which is Bullish Trend. If it goes down it will finish the WXYXZ till at the bottom near 109.95 , at this point carefully watch it. for Short Cause it might be a big Impulse For Downtrend. if it didn't Break out looking...
I've start my 0-1 at the reversal point, 1-2 pullback but wont pullback farther than #1 one of the rule. 2-3 was the most biggest reversal every Elliot wave. 3-4 another small pullback but wont be greater than 3, and it will be my left shoulder. 4-5 another reversal and that's will my head. 0-A first Impulse for bear and a side chart of the head. A-B corrective...
This week will be a corrective or not just watch out for a good sell setup. :D I'm still new here a this wave theory but so far it's working for me. if you think i'm doing it wrong please don't hesitate to correct me, Like i said ^^^^^^. so please enlighten me lol Thanks again And Good Luck
I do think we will have a corrective before going to a impulse down trend. like i said i'm pretty much new at this wave theory. And i'd will be nice to hear some feedbacks too if, I'm doing it all wrong. Thanks And Good Luck!!!