Commodities: WTI
Frequency: Daily/Weekly
Predicted Direction: Long (Long-term)
Ending Diagonal Triangles from Jun 2015 is nearly finished, which belongs to the downside impulse wave (5) of the cycle corrective wave "b" from July 2008. The Diagonal Triangle comprised the 5- inner wave with the ABC pattern as a contracting wedge and it seems the ending sequence is coming soon.
WTI is expected to rise when the price breaks through the upper triangle boundaries and target at the price of 57.50. If the price can stand steady above the upper green trend line then WTI is able to test for the next potential resistance line of 62.56, combining the level of May 2015 High and 61.8% Fib)
Frequency: Daily/Weekly
Predicted Direction: Long (Long-term)
Ending Diagonal Triangles from Jun 2015 is nearly finished, which belongs to the downside impulse wave (5) of the cycle corrective wave "b" from July 2008. The Diagonal Triangle comprised the 5- inner wave with the ABC pattern as a contracting wedge and it seems the ending sequence is coming soon.
WTI is expected to rise when the price breaks through the upper triangle boundaries and target at the price of 57.50. If the price can stand steady above the upper green trend line then WTI is able to test for the next potential resistance line of 62.56, combining the level of May 2015 High and 61.8% Fib)
注释
注释
注释
Break the Diagonal Triangles. If the price finds support above the green uptrend line then I will expect oil will above to test for higher level in the end of 2017
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。