-
WTI Crude Oil: Elliott wave analysis and forecast for 25.11.2022 – 02.12.2022
Main scenario: consider short positions from corrections below the level of 83.17 with a target of 69.28 – 64.00. Alternative scenario: breakout and consolidation above the level of 83.17 will allow the asset to continue rising to the levels of 90.92 – 94.40. Analysis: the first wave of larger degree (1) is presumably formed on the daily chart, and a bearish correction continues developing as second wave (2). Supposedly, wave С of (2) is forming on the H4 chart. It includes a local correction formed as wave iv of C. The fifth wave of smaller degree v of C appears to be developing on the H1 chart, with wave (v) of ... (full story)
- Comments
- Subscribe
-
- Older Stories
From cnbc.com|Nov 25, 2022European energy ministers failed to reach a compromise over a cap on natural gas prices after “heated,” “ugly” and “tough” discussions. The 27 EU leaders agreed in late October to ...
From inegi.org.mx|Nov 25, 2022In September 2022 and with seasonally adjusted figures, the Global Indicator of Economic Activity (IGAE) increased 0.7% at a monthly rate. By component and with seasonally ...
From inegi.org.mx|Nov 25, 2022In the third quarter of 2022 and with seasonally adjusted figures, the Gross Domestic Product (GDP) advanced 0.9% at a quarterly rate, in real terms. By component and with ...
-
- Newer Stories
From timera-energy.com|Nov 25, 2022A GB Capacity Market Notice (CMN) was issued at 2.33pm for delivery 7:00pm on Tuesday 22nd November 2022 due to a low system generation margin of 177MW. Available supply was ...
From ecb.europa.eu|Nov 25, 2022The aim of this blog post is to describe some of the analytical issues involved in diagnosing the sources and dynamics of inflation in the euro area. The left panel of Chart 1 ...
From cnn.com|Nov 25, 2022Allies of Ukraine want to put a price limit on Russian oil. But there’s a problem: They can’t agree on a number that would actually pile pressure on the Kremlin. The West’s ...
- Story Stats
- Posted: Nov 25, 2022 8:42am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 272
