1)105.55 is 61.8% Fib retracement 2)Completion of corrective wave abc
After the killing of three American soldiers on the Jordanian border, some military officials insist that all-out attacks inside Iran are the only way to send a message to Tehran to stop its actions. But the oil chart does not have such a message or sign of this attack. Corrective wave 4 is likely to be completed in the range of 80 dollars. The target of the...
I am waiting for a corection in XAUUSD This give a good selling opportunity when corection ends. the corection wave( wave4) is Triangle, the next IMPULSE wave target is 1900$
we are curently in correction wave( wave4) the next impulse wave ( wave5) target is 105.
We are currently in the last upward wave. The upper line of the ascending channel could be the end of wave 5.
We are currently in corrective wave 4. Wave 4 is a WXY pattern, so that its W and X waves are completed. Wave Y can decrease to the range of 1788$, which is 50% fib Retracement of wave 1.
We are currently in correction wave Maybe to complete the corrective wave(ABC pattern), XAUUSD will once again rise to the range of 1870 $ . but the main trend in the daily time frame is still downward with a target of 1800 $.
The US oil target is the 50% Fib. 62 $ is a Support
Cycle=Impulse+Correction We are currently in correction wave 4. This wave is a FLAT (WXY)pattern. We will expect a new high for XAUUSD in the next impulse wave.
Cycle=Impulse+Correction We are currently in the WXY correction wave. 18.68 is a 61.8% fib Retracement. The next impulse wave target is the Above 30$.
Complete Elliott Waves and Also reach the top line of the ascending channel
Cycle=Impulse+Correction We are currently in the ABC correction wave. The next impulse wave target is $ 70.
Cycle=Impulse+Correction Wave 2 = 61.8% of Wave 1 Wave 4 = 38.2% of Wave 3 Wave 5 = target 1720$
A good opportunity has been created around the support of 19,000 to buy bitcoin.
We are currently in a correction wave. The target of the next impulse wave is $ 70.
Based on Elliott Waves The fall in UKOIL prices from $ 137 to $ 96 is a wave (1). We are currently in wave (2) one is a triangle pattern. Expect the wave (3) to drop to the $ 60 range.