WTI bounce at resistance but one more leg? Crude Oil to 48-49 ?
WTI got a nice bounce along with Stocks.
This bounce shows a pretty clear Impulse type behavior (12345).
Looks like wave 3 has completed and wave 4 retrace to start.
I see two possible wave 4 end points, which lead to 2 possible wave 5 tops.
As this bounce develops, I hope to get more clues about future prices for 2019.
This bounce shows a pretty clear Impulse type behavior (12345).
Looks like wave 3 has completed and wave 4 retrace to start.
I see two possible wave 4 end points, which lead to 2 possible wave 5 tops.
As this bounce develops, I hope to get more clues about future prices for 2019.
Komentarz:
I have posted an updated short term (15 min chart) to better study the retrace
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
