OIL - wave [5] is on the wayIt's likely that wave 4 was ended on the Moving Average, so there's an opportunity to have wave of c.
Elliottwavecorrection
GBPUSD - new local high is comingThere's a possible impulse in wave . I'm going to sell when wave (c) of ends and if we see a small bearish impulse.
NATURAL GAS - bulls formed wave i of (iii)There's an impulse in wave i, which points to a possible start of wave iii of (iii).
DAX - wave [3] of i startedThis is a possible departure point for wave of i. I have a long from 10340.40 with a stop at a breakeven level.
OIL - new low comingI've still got one short from 45.07 and I'm going to sell more on the local correction. If the MA breaks, I'm going to out of the market.
DAX - possible start of wave [3]This is a possible departure point for wave of i. I've just bought with a stop at the local low.
OIL - bears going to deliver wave [3]I've got one short form 45.07 and I'm going to sell more during wave's c of (y) rally.
NATURAL GAS - extension on the wayThere's an opportunity to have an extension in wave (iii). However, if this low breaks, I'm going out of the market, cause there'll be a risk to have a correction.
OIL - correction going to move onSo, wave is likely going to be continued in a form of a double zigzag. I'm going to sell to trade wave of c.
NATURAL GAS - possible extensionThere's a possible start of an extension in wave (iii). I've got one long trade from 2,840 and I'm going to buy more on the current local correction.
DOW INDEX - correction is on the wayI'm going to buy only after wave (ii) ends and the small first wave inside wave (iii) be on the table
GOLD - wave [iii] is comingCurrently, I'm out of the market. It's likely that wave is going to end next week and we see a small bullish impulse inside wave . If so, I'm going to open a long trade. Considering a possible extension if wave , I'm planning to increase my position on the rally.
EURUSD - wave (iv) is in progressI've still got two shorts. I'm going to open the third trade on wave (iv). If wave's (i) low breaks, then we could have a wedge in wave . However, there's also an opportunity to have a zigzag instead of the current waves (i)-(ii)-(iii).
CRUDE OIL - correction going to move onThis bearish movement seems more like an impulse rather than a zigzag. So, wave is likely going to be continued in a form of a zigzag. I don't have any trader so far. I'm going to sell only after wave b of (y) ends.
