another break below the wave A low at 50.51 will invalid the above wave count
코멘트:
코멘트:
alternative count
코멘트:
or
코멘트:
or it could be something more complex
코멘트:
코멘트:
if wave B is a flat, then there will be no wave D & E ( sub wave of a triangle should be a zigzag or a triangle)
코멘트:
other possible count
but i think it's less likely to happen
but i think it's less likely to happen
코멘트:
possible short-term count
코멘트:
or an expanding leading diagonal? that would be pretty rare
코멘트:
코멘트:
or
코멘트:
코멘트:
코멘트:
short-term count
코멘트:
코멘트:
코멘트:
코멘트:
the decline is very sharp, so i guess the recent top is the end of wave B, wave B is a double zigzag
코멘트:
wave C could be an impulse or an ending diagonal if wave (X) is a flat;
wave C could also be a zigzag(also including double & triple zigzag) or even a triangle if wave (X) is a triangle.
wave C could also be a zigzag(also including double & triple zigzag) or even a triangle if wave (X) is a triangle.
코멘트:
코멘트:
a corrective pull back may signal selling opportunities
코멘트:
코멘트:
코멘트:
if wave C is an impluse wave, sub wave {v} should be either an impluse wave or an ending diagonal
코멘트:
therefore, short-term expectation would be
either
or
either
or
코멘트:
코멘트:
short-term guessing
코멘트:
코멘트:
코멘트:
There are still many different ways to count the short-term structure
The key resistance level is yesterday's high at 51.53, a solid close above this level would be an early signal for bulls
The key resistance level is yesterday's high at 51.53, a solid close above this level would be an early signal for bulls
코멘트:
코멘트:
an impulsive rally above 52.16 could push the oil price to re-test the previous high at 54.35
코멘트:
close above 54.35 would likely suggest wave C has ended at recent low 49.3
코멘트:
코멘트:
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'
Email:info@ewc.space
Email:info@ewc.space