Oil has dropped to new lows below 95.93 further confirming the idea that 98.87 was the end of wave B. Expect a test of 93.20 – 93.50 to  complete wave (( a )) before Oil pulls back in wave (( b )) and trades lower toward 91.25 to complete wave (( X )). Hourly cycles […]

Wave (( b )) has completed @ 97.78. Now, expect to see a pull back toward 98.19 – 98.32 and further strength toward 99.39 – 99.90 area to complete cycles from 96.91 and 96.52 lows. We don’t like selling the pair into wave ( b ) pullback and like buying dips. Learn more about Live […]

Dan Hussey brings you the recap of Friday’s Live Scalping Room. Take a look to see what setups he looked at [jwplayer mediaid=”130256″]

Oil has dropped to new lows below 95.93 further confirming the idea that 98.83 was the end of wave B. Decline from 98.83 looks like a 5 wave with a wave ( iv ) triangle. Expect a pull back in wave ( b ) toward 97.50 from where Oil should turn lower again. Hourly cycles […]

Pair turned lower sharply after a failed test of 135.50 peak and the decline clearly looks to be impulsive. Pair is close to completing wave iii of ( iii ) of (( c )). It should make corrective pull backs and keep trading lower toward 133.04 which is (( c )) = 1.236 x (( […]