IT SEEMS THAT PRICE IS MAKING THE 4TH WAVE. LETS WAIT A CONFIRMATION TO GO LONG AND RIDE 5TH WAVE TO THE 1.6200 AREA. I WILL TAKE THE RUPTURE OF THE 1.5800 AREA AS CONFIRMATION. WHAT DO YOU THINK??
PRICE IS JUST AT THE TREND AND MAKING A PIN BAR. I AM EXPECTING AN UP MOVE WHAT DO YOU THINK??
AS YOU CAN SEE PRICE BROKE THE STRUCTURE. I AM EXPECTING A DOWN MOVE TO THE 38% AS I TOLD YOU
I JUST COUNT THIS SEQUENCE OF WAVES. AS YOU CAN SEE I STARTED WITH A 5 WAVE PATTERN AND FINISHED WITH A WXYXZ PATTERN. THE WXYXZ PATTERN HAS MADE A BULLISH CHANNEL. ALSO IF YOU SEE CLOSE THE CANDLE OF THE Z POINT, THE CANDLE HAS A WICK AND CLOSE BELOW THE 61%. THE CANDLES THAT FOLLOW THIS ONE CANT BREAK THE 61FIB AND THEY ARE JUST AT AN IMPORTANT AREA. SO, BY...
PRICE BROKE THE STRUCTURE WITH A STRONG BEARISH CANDLE. I AM EXPECTING A DOWN MOVE WHAT DO YOU THINK ABOUT?
WATCH WHEN PRICE HIT THE TREND. LETS SEE IF PRICE BREAK, MACD IS SHOWING DIVERGENCE.
WATCH THE WTI, IS MAKING A TRIANGULE. PLAY IT BOTH WAYS, UP OR DOWN DEPENDING OF THE BREAKING
I AM WAITING FOR THE BREAK OF THE SUPPORT TO TRADE A SHORT TO THE 38% FIB LEVEL WHAT DO YOU THINK?
AS YOU CAN SE PRICE IS BREAKING A CORRECTIVE STRUCTURE AND MACD IS SHOWING DIVERGENCE. I AM FEELING SHORT, WHAT DO YOU THINK?
JUST WANT TO SHOW YOU THIS PIN BAR. THIS CANDLE CONFIRMS OUR TRADE TO GO SHORT. LETS SEE HOW IT DEVELOPE
PRICE JUST BROKE THE STRUCTURE. THE TREND IS YOUR FRIEND. SO I AM EXPECTING TO FINISH THE DOWN MOVE I TOLD YOU IN A CHART BEFORE.
WATCH IF PRICE BREAK THE TREND, IT COULD BE A REALLY GOOD TRADE.
I AM JUST COUNT THIS SEQUENCE ON THE WEEKLY CHART. AS YOU CAN SEE THERE ARE A 5 WAVE ABC SEQUENCE FROM 2002 TO 2009. IF WE BASE IN THE TECHNICAL ANALYSIS THEORY, THE PAST SHOWS UP AGAIN. SO, FROM 2009 TO PRESENT IT SEEMS AS PAST IS SHOWING UP, AGIAN WE GOT A CLEAR 5 WAVE STRUCTURE AND IF I AM NOT WRONG, PRICE IS MAKING THE ABC SEQUENCE THAT FOLLOWED THE 5 WAVE...
AS YOU KNOW IF YOU FOLLOW MY IDEAS I SHOWED YOU THE ANALYSIS FOR THE FIRST TARGET THAT HAS BEEN ALREADY REACHED. NOW I THINKING ABOUT THE 1.5200 AREA. EMA200, 061FIB LEVEL AN A SUPPORT IN THE AREA ARE HOLDING PRICE. SO, IF PRICE BREAK THIS LEVELS, THERE WILL BE A HUGE PROBABILITY TO GET THE 1.5200 AREA. WHAT DO YOU THINK?? I WOULD LIKE TO KNOW IF SOMEONE IS...
PRICE BROKE THE 061FIB. LETS SEE IF PRICE IS STRONG ENOUGH TO BREAK THE SUPPORT WHERE IT IS, AND IF IT IS, GO SHORT TO THE NEXT TARGET. WHAT DO YOU THINK???
AS YOU CAN SEE PRICE IS IN A BULLISH RALLY. NOW IS MAKING A CORRECTIVE STRUCTURE. WATCH THE RUPTURE TO GET A TRADE. WHAT DO YOU THINK? UP OR DOWN?? LIKE IF YOU ARE AGREE
PRICE JUST BREAK THE STRUCTURE. I AM EXPECTING THE 038FIB LVEL. I FEEL REALLY SHORT. HOW DO YOU FELL? BULL OR BEAR? COMMENT WITH YOUR IDEAS.
WATCH THIS STRUCTURE. WILL GIVE US A GOOD TRADE BUT WATCH IT CLOSE!