I think WTI is in a fabulous uptrend with target about 88 USD to 90 USD!
Now we are in a corrective wave 2 pattern which belongs to a final wave 5 of 3 as you can see in the chart above and below. WTI closes the final wave 5 of 3 as a so called ending diagonal.
The green box shows the expected area where wave 2 comes to its end (at about 66 USD, I suppose). I use the green box area to place another longorder. There are over 20 USD to collect, so this could be a very lucrative trade! Be careful, because If I am not right and WTI misses 63.57 USD, it goes down to 60 USD and deeper:
I set a stop at 63.55 USD.
Please leave a comment or a message, if you have any questions!
Take care tgo
交易开始
As expected WTI went down deeper in my green Tradingbox and now I think we will see a turn into wave (iii) to new highs. I have already placed another longorder at 66,53 USD. Take care, tgo
交易开始
Hello, in WTI everything is going as planned! WTI has made a perfect turn in my green trading box (even in the yellow detail trading box).
I think WTI will now establish a stable uptrend, so it’s possible that I will place another trading box soon for another long order. But this I will decide later on when we can clearly see how stable/impulsive the wave structure is.
For now, I assume that WTI will go up to 80$ or even 88$ to 90$. So, there’s a lot of money to make!
Take care, tgo
交易开始
Hello everyone, as announced: after a perfect turn around in my green and yellow trading box, WTI has built a impulisve wave structure. The question is: how stable is it and what's going on next most likely? The trend looks stable, but now, WTI has built a wave 1, so it is likely that we will see a wave 2 to the south. Maybe a good chance to place another longorder. In the chart below you can see the scenario I prefer at the moment. Stay tuned and take care, tgo
交易开始
Hello everyone, let's have a look... The last good chance to get in, I think. Take care, tgo