Giá lên

Crude Oil: Some Upside Might Be In Store

FX:USOIL   CFDs Dầu thô (WTI)
210 lượt xem
210 3
Comments on the chart
Bình luận: Price has moved up strongly from where I first put up the idea. I am looking for more upside
Bình luận: 41.70 are is being attacked now. I expect some to and fro hesitation before ultimately taking it out
Bình luận: Doha interfered with this idea. However the gap down is almost filled so its back on
Bình luận: Doha? what Doha? The effect of no agreement was very temporary. Price reversed, closed the gap and is now in a new territory. Looking for more upside
If this were a 5 wave impulsive advance, timing for the correction must equal at least, the time duration of the impulse before seeing a new impulsive move (per Neowave rules at least).
Traditional EW or others don't consider this, but it does make sense.
Just an observation.
Phản hồi
Olu IvanLabrie
Thanks IL for your point. If there is equality with the initial upmove we could be looking at around 49. I use traditional EW and the concept of time is a little bit iffy. Are you saying that there is a solid time component in Neowave? That the time it took to do the '5' waves should be the same as the time to put in the 3 wave retracement?
Phản hồi
Yes, it's a bit different. It'd demand +-25% precision at least, and equal time, or max 3x the time of a same degree structure.
It depends on the type of impulse and correction naturally. There are time relationships between waves of every pattern in it.
Fairly interesting material, if you want to check it out.

I use time in the way I trade, which is a method I learned from Tim West, a poster here.
I agree we migh have upside btw, since the price action shows we found support at a key level where it had to break down to drop more.
But, we also are below significant resistance so my bet would be sideways for now.

Keep up the nice work.
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất