𝗢𝗶𝗹 - 𝗘𝗹𝗹𝗶𝗼𝘁𝘁 𝗪𝗮𝘃𝗲 𝗧𝗲𝗰𝗵𝗻𝗶𝗰𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀. 📚
I opened a couple of long positions on Oil based on the pictured technical analysis.
Oil made a text book 1 for 1 ABC pattern for wave 4 (and we had divergence on the RSI to confirm). I am now expecting wave 5 to break the local... Näytä enemmän Käännä
Since I posted the initial analysis we had another leg down. I'm still bullish on Oil for the short-term and the same leg up currently applies.
Insyead of a traditional ABC correction I believe we have had hte pictured WXY correction which also wicked below the 38.2% retracement of Wave 3 which would... Näytä enemmän Käännä
My 🅳🅰🅸🅻🆈 Markets Morning Brief 📈📆👨🏻💻📊📉
for 2 June 2021 Closed 🛎(Europe English Version)
US: 🇺🇸💵Major US stock indexes edged higher overnight, as concerns around the consequences of a strong economic recovery, marked by inflation, continued to buffet the market.
🇺🇸📈Dow Jones saw a... Näytä enemmän Käännä