CL - waiting for Wave 4 to complete
Güncellendi
Looks like it completed Wave 3 of 5 downwards on the daily chart. Looking for a bounce potentially back up to 57.65 (50% retrace level of the recent move down) can go all the way to $60 as well and not violate EW rules
I don't expect it to get that high though, it will likely hit the 10dma IMO and turn down if this is truly bearish.
3rd wave was an $11 move, would expect it to be the 5th wave to be the same with commodities (Target $46)
I don't expect it to get that high though, it will likely hit the 10dma IMO and turn down if this is truly bearish.
3rd wave was an $11 move, would expect it to be the 5th wave to be the same with commodities (Target $46)
Not
Bounce start this week after bottoming out at $50.60. I took a few stabs at a long but got stopped out (short leash as I'm worried about it continuing down).Not
Got that big bounce back up to 50% retrace - $57.60 level. Now looking to see how much further the rebound goes before entering shortNot
Completely missed this one - went to the extremes testing $60-$61 level, slight overlap of waves, after testing resistance for a couple weeks this is now dropping. Will look to short on a bounce. Its now below all my support zones. $54 is the next area where there's a lot of support
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.