Crude Oil has completed impulse wave 5, and has finished doing A,B correction of ABC. Now expecting corrective wave C to unfold, reaching at the minimum 0.5 fibonacci ratio to possibly 0.618. This will complete a bigger cycle wave 1 and 2, and from there I expect crude oil to go up for bigger cycle wave 3.
Dagangan ditutup secara manual
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100 pips down move secured. Latest price action indicates that we're going to $40 and fall off a cliff to original target of $20 and below. A new EW count according to latest price action will be posted later.
Komen
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I forgot to mention that we may have OPEC+ meeting on June 4th (Thursday) - and maybe the gang will not be able to agree on extending the production cut which will be the catalyst for the down move I am expecting for. Russia has expressed its wish to not extend the production cuts. Lets see, right position sizing is key in winning from the oil markets.
I agree with you that for sale up to $ 20 and maybe less than $ 20
Hmd_Fx
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Interestingly, it didn't fall from the spot
Engineeraircraft
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Hi , why you think it’s will move down
UnknownUnicorn4939111
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@AliQais, based on elliott wave count, and divergences seen on indicators. I will be looking at fundamentals later today and see what I find out and post here.
Engineeraircraft
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@iTradeMarketz, okay , and if you want watch my analysis in profile I wish will be friends to speak about future analysis