abdul5577

abdul5577 Updated 

Short to complete the complex correction and to target 0.7

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we might be near the end of ABC correction& ready for wave 3 rise to target 0.8 target

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breaking the upper line of the triangle and completion of the fifth wave of the third will targer 0.8 to develop the corrective fourth wave

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WE EXPECT DOWNWARD MOVEMENT FROM CURRENT LEVEL TOWARD THE BOTTOM LINE OF TRIANGLE TO COMPLETE WAVE E AROUND 1.095 LEVEL. FROM THEIR TARGET WILL BE 1.2 LEVEL

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it seems that usd/jpy completed its corrective action and looking to another high which will exceed 125 to complete the 5th wave

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as highlighted in the previous idea the breakout of the ending triangle might be the trigger of another oil free fall. now we will face the 1st resistance at 53 level

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be ready for another fall

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be ready for another fall

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expected to go down to 55 then up to 66 --75 from there a great sell to 30 area

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it is expected for oil to complete his fifth wave at 45 to complete his a of C wave. From there it is expected to rebound to 70 level creating its b of C wave. from there it will go back to downward trend to complete the c of C wave targeting 30 level

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oil expected to visit 32 again after breaking the current support at 54

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DOW approaching end of 5th wave