Short term EW for gold.

Elliot Wave Analysis

Alternate bearish scenario for WTIoil : This is the 5th wave of the C leg of 4th wave and it goes up and stops short of invalidation point of wave 1 territory then turns down massive for wave 5. Once it crosses the invalidation point, it's going a ...

Elliot Wave Analysis

another weekly perspective for a bullish oil.

Elliot Wave Analysis

[quote=Sixer;10812577]For comparison, the EWI count (weekly) of oil from beginning of feb 18. Sixer image [/q Thanks for the chart sixer.

Elliot Wave Analysis

The correction (if a simple one ) could bring prices down to 61.8 or even 50% maybe even lower.. then a rally for the 3rd wave up. Just my 2 cents . Trade safe and i could be wrong again....

Elliot Wave Analysis

digging down to a 4 hr chart, oil seems to have completed 5 waves with a 61.8 fib of the entire move (Wave 1) which means there could be a correction downwards .

Elliot Wave Analysis

oil on the daily chart seems to have completed wave 4 and wave 5 is in progress. Here is a daily chart

Elliot Wave Analysis

i was expecting a a-b-c correction in oil to almost 55 but last weeks closing of oil has changed my view to core bullish on weekly chart. Here is a weekly chart

Elliot Wave Analysis

Good chart Johann. Very high probability for this to happen This also means that eur/usd is very bullish after the correction. I think nearly all currency against USD is having almost the same scenario. This correction should yield quite a number of ...

Elliot Wave Analysis

EURGBP is in a consolidating stage on higher time frames. I want to believe that on monthly 5 waves up is completed as it has done 38.2 of the entire move up.. now there is probability that it can go up further. At the moment it seems bearish to ...

Elliot Wave Analysis

Yes of course. apologies ... here's my second take on it.

Elliot Wave Analysis

I am not into SPX but after the request, i started off with the monthly chart and then weekly.. and on a daily chart (posting here). this would be my analysis (not confident) as i do not trade this instrument.

Elliot Wave Analysis

Yes.. will do it shortly. not on my laptop as of now.

Elliot Wave Analysis

still selling oil !!!

Elliot Wave Analysis

did anyone lose money on that fomc spike? i was pretty confident about dollar index turning down for a small retracement. then up again.

Elliot Wave Analysis

Selling oil ... daily chart

Elliot Wave Analysis

Today i will be just watching being on the sidelines as i am expecting a bounce on majors against USD. In case we get it, i will be shorting eur,gbp,aud and nzd against USD. rsi on 1 hour seems oversold, so it requires a bounce up. there seems to be ...

Elliot Wave Analysis

US oil Expecting short term oil to fall to 60.47 for a minor third wave.

Elliot Wave Analysis

GU also short term expectation is 1.3835 (fe 100) hopefully. not very confident but have taken a small position

Elliot Wave Analysis

EU short term. Short term i am expecting a downfall to 1.2278 for a 100% expansion. After that an up move for wave 4 (hopefully).

Elliot Wave Analysis