ivanov.v.vlad

ivanov.v.vlad Updated 

Howdy folks! This is low probability (so far) scenario in which WTI is undergoing (short term) a correction (A,B,C). C, could coincide with 0,5-0,618 fib of W1 up (impulse that broke out of the wedge) and thus form W2 with W3 attaining ~ $57. It will be of utter importance to see the reaction @ upper 52's (and probably a good area to scalp on the long side). I...

ivanov.v.vlad

Judging by today's PA, we are approaching phase E of the distribution. If this will hold true, one could contemplate adding shorts @ 0,5 / 0,618 fib of the corrective leg down with a tgt of 52,8x.

ivanov.v.vlad

Wyckoff / EW theory for short term.

ivanov.v.vlad Updated 

Howdy folks! I had a bearish scenario in mind previously however, I am currently pondering that this might be a long scalp opportunity as per the above Wyckoff accumulation chart. It will all depend how CL will handle the 57,5x mark.

ivanov.v.vlad

Updated chart as per Wyckoff stages and r&s lines on TF H1. Wyckoff recommends entering at the lowest point of the BU/LPS stage in this case or post the resistance level of 57,3x. I am a tad biased on the long side due to the levels that we've approach and the situation with SA that could enable an so neglected technical retracement (plus an opportunity for the...

ivanov.v.vlad Updated 

Howdy folks! It seems that WTI is re-distributing again, and we are forming the LPSY leg. I pondering on a short from 56,9x - 57 to mid 54. GL!

ivanov.v.vlad

Howdy folks. Too bad TV is not allowing less than M15 TF. I'm even scared to say it but looks like we are in an A,B,C correction / accumulation phase. I will try some long scalps @ 57,3x -57,4x and would look for a tgt > 58 to close them. good luck.

ivanov.v.vlad

Howdy folks! I have erroneously assumed the WTI is doing an accumulation - whilst it has one on M15, it has failed the BU/LPS stage and the rejection at the trendline enforces the belief that we are actually witnessing a re-distribution, currently making its way to SOW stage. Whilst bias is bearish (with sights set on 58,8 - 58,6) there will be a handful of long...

ivanov.v.vlad Updated 

Hi Folks! I've refined a tad the chart - see scalping options on both short and long sides. GL! Spring could be a tad higher than that - could be at the ST level.

ivanov.v.vlad

Hi Folks, We have attained our low 59 tgt. It appears (although its very early to say) that an accumulation has begun - I believe we've just witnessed AR. Sorry for the simple chart but in the interest of time I am publishing it now. Will properly elaborate it and publish a.s.a.p. I will position shorts 59,9 for low 59 - 58,9 (as spring) and then will load on buys. GL!

ivanov.v.vlad

Hi brethren. We've been in a re-distribution for some time now. Currently we are inis LPSY, which means another leg down will follow. Conservative tgt is 59,9x with the possibility to extend into low 59.

ivanov.v.vlad

WTI currently is @ LPSY with a strong down leg incoming. Tgt is 59,9x however it could extend to low 59. Good luck.

ivanov.v.vlad Updated 

We are in a Wyckoff re-distribution on M15. Price jumped on API build however stopped @~ .618 fib of the correction from the LOD. This could mark B leg of the correction with C taking it above 62 again. Per Wyckoff, this new leg up is expected to stall at the supply trend-line and in such a fashion, mark the LPSY. This move should be followed by a re-test of 61,5x...

ivanov.v.vlad Updated 

It seems that WTI has temporarily bottomed and accumulated. Next expected move is > 64

ivanov.v.vlad Updated 

H1 paints the portrait of a redistribution currently in SOW stage, Markdown phase. It should be the Break the ice are (potential down to 61,8x) and hence a slight retrace would be due - I would expect 64,5x , followed by what Wyckoff calls the Effect - the Price Mark Down, phase E, potentially taking oil $55. Yes, its not a typo. Iran news seem to be priced in,...

ivanov.v.vlad

Crude is on its way to make a spring. The move up touched the .618 fib and went with force down thus crayoning a normal up-move after ST in Phase B. Whilst it is hard to predict the actual location of the spring, one could use two proximate tgts - 100 fib of W1 or .618. Any of them will land crude below 62,2x. There is a high degree of probability that this will...

ivanov.v.vlad Updated 

WTI on D1 has complete a Wyckoff distribution. The last push to $76 marked the UTAD and what we are witnessing now is the markdown. Its difficult to predict the extension of the markdown but $59 per bbl would not be exaggerated. What is of high probability is that we will witness another substantial leg down, regardless of the retrace. An extended tgt (low...