Bearish channel on weekly chart with time to reach the top. Bearish guideline close to breaking, which would confirm the main bullish momentum. The price makes a small correction to 50%, where it forms a follow-up pattern, which breaks its respective resistance, giving us a projection up to 185. If the price breaks above the 78 fibo level, it could go looking...
Price breaks down channel. Trend line breakout and bearish guideline. Expansive wave in process. After the pullback to the 1.2000 zone, the price forms a bullish pattern above 50% of the fibo, about to activate. Buy and enjoy!
The price met its first projection at the 1940 level, we expect continuation of the bullish rally until 2000, but you could consider taking profits in 1984. Bullish pattern and channel breakout support buying. GOOD TRADING!
The price makes corrective wave 4 on the 61.8 of the fibo of the last bullish rally, where it forms and activates an inverted hch, which warns of a possible continuation of the trend. wave 5 in formation with projection at level 30860
By waves of eliot we have corrective wave # 2 finished at 50 of fibo, with wave # 3 in process. Possible rounded soil formation in weekly chart. In daily charts we see an inverted hch (healthy) formed on the 50 weekly fibo, which would activate after breaking the 40usd (previously it already exceeded this maximum, which indicates weakness of the level). In H1...
Possible double bottom formation in D. wave # 3 with pending projection at 149.000. broken downtrend line. we expect a break of the 78.6 fibo level, which would consolidate our uptrend!
Expect a good break above the 43.00 level to look for purchases after the pullback to support. Two active bullish chart patterns. And well... it's oil ;) HOLD ON and enjoy :)
We have two chart patterns forming, pending to activate after breaking support at the 1.21000 level and main uptrend line. In addition, we have a double top activated and formed in 1.34000 pending to meet projection. The price strongly resists at the 1.2800 level. Wait for confirmation of breakdown of supports to look for possible shorts. HOLD ON AND ENJOY!!!
The price is corrected to 9370 seeking to continue it's previous bullish momentum, which is healthy. We will confirm possible visits to the historical maximum after level 9600 breaks. LONGS and enjoy!
Double top next to activate. Two bearish patterns at the same momentum. SHORTS at break level 1.08300 up to 1.0700. Enjoy!!
The price is trend line break. Chart pattern active whit projection up to 103.300. Wave #3 in travel... SHORTS UP TO LEVEL 106.500 TP1, 105.000 TP2 and 103.300 TP3.
The price is trend line break, chart pattern active and C wave mid projection up to 25000. LONG POSITIONS!
Chart pattern in formation. The price is touching the upper part of the channel, making it´s third attack. Impossibility to break the psychological zone 2.03000. Downward trend line break. SHORTS up to level 1.97500.
The price can go to visit the main trend line. Chart pattern active making its pullback. Will probably look for the broken level earlier 1.3650. SHORTS!!
Resistance at 130.000 in mayor zone, chart pattern active with projection to 138.000 and first attack on bullish trend line. The price is supported at fibo level 23.6 of the small bullish rally. LONG TO LEVEL 133.000 TP1. 138.000 TP2
Price touching major zone. Breakout of main trend line acceleration. SHORTS UP TO 0.97000
SHORTS!! Channel projection completed. Double bottom completed. the price is in 61.8 % fibo retracement. A little double top in construction... Shorts to 1.95000 TP1. Long term to 1.93000.
Double top active. Elliot waves #5 in training. The price cannot exceed the 50% fibo retracement. Shorts to level 1.25300.