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Crude Oil: The next leg higher has started
Read MoreRevised view suggests that Crude Oil rally from 1/10 low (50.71) is unfolding as a diagonal where Minor wave 1 ended at 54.08 and Minor wave 2 is proposed complete at 52.22. A break above 54.08 would add more conviction to the view that the next leg higher has started, until then a double correction in Minor […]
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Oil CL_F: Correction Still in Progress – Elliott Wave Forecast
Read MoreRally to 55.24 completed Intermediate wave (W) and ended the cycle from 8/3/2016 low. From 55.24 high, oil turned lower to correct the cycle from 8/3 low as a double three structure where Minor wave W ended at 50.71 and Minor wave X ended at 54.08. Decline from 54.08 high is unfolding as a double […]
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Oil CL_F: Buying Opportunity should come soon
Read MoreRally to 55.24 completed Intermediate wave (W) and ended the cycle from 8/3/2016 low. From 55.24 high, oil turned lower to correct the cycle from 8/3 low as a double three structure where Minor wave W ended at 50.71 and Minor wave X ended at 54.08. Decline from 54.08 high is showing a 5 swing […]
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AUDUSD Elliottwave Analysis: Close to turning
Read MoreAUDUSD move up from 12/23 low is extending and as pair keeps extending higher with shallow pull backs, it looks like the move up from 12/23 low is unfolding as an Elliott wave impulse and although the cycle is mature, more upside within wave 5 is expected as a diagonal before pair ends the cycle […]
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AUDUSD Elliottwave: Ending Wave 5 Diagonal
Read MoreAUDUSD move up from 12/23 low is extending and as pair keeps extending higher with shallow pull backs, it looks like the move up from 12/23 low is unfolding as an Elliott wave impulse and although the cycle is mature, more upside within wave 5 is expected as a diagonal before pair ends the cycle […]
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AUDUSD Turn is Imminent
Read MoreAUDUSD rally from 12/23/2016 low is unfolding in 5 waves and the cycle from Dec 23 low is expected to complete soon and a 3 waves pullback at minimum can be seen. Watch the video, chart and commentary below: AUDUSD Video AUDUSD Chart and Commentary AUDUSD rally from 12/23/2016 low (0.716) is unfolding in […]