Seeing such a wave scenario many will probably start knocking on the head, but what are wave scenarios for ? Currently, there are no technical grounds for this type of scenario not to occur, especially since the upward move from the low of $26.00 is impulsive in its nature. Right now, Dowiedz się więcej…
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General overview for 14/04/2017: This is the last chance count for the larger time frame impulsive scenario as the impulsive wave progression is not unfolding strongly to the upside as planned. Nevertheless, the current main count is still impulsive and bullish. On the H4 timeframe, the price is now in Dowiedz się więcej…
General overview for 17/01/2017: The outlook for the Crude Oil is quite unclear, mainly due to too many Elliott wave scenarios possible (more than 3 at the same time). Nevertheless, I will try to present two most probable counts and each of them has totally different consequences. First one is Dowiedz się więcej…
General overview for 04.10.2016: The sideway price action in corrective cycle continues to chop. Two important zones, marked as gray supply/demand rectangles, will play a major role in the overall bull/bear fight. Moreover, from the EWP point of view, there are two counts applicable to the current wave development. The Dowiedz się więcej…
General overview for 01/09/2016: (previous analysis of this market can be seen here) There are two possible scenarios at the Crude Oil market right now: one of them is bullish (impulsive, main one) and the other one is bearish.sideways (complex corrective structure, alternative one): – Scenario One – Main Count Dowiedz się więcej…