SergeantPringles

OIL - 4H - Sharkpattern forecasting an upcoming abc correction??

Short
SergeantPringles Mis à jour   
FX:USOIL   CFDs sur Pétrole brut (WTI)
11
I already expected the recent downmove to be the start of a bigger abc correction but we spiked higher. now we reached the PRZ of the shark which will be a key zone an i think a good chance that we might see the anticipated abc correction (finally)
How big this might be will show, but i think the lines shown in the picture are the minium size. but techically C could very well go further down.
Commentaire:
good spike up today. i attempted the first short earlier this morning based on the break of the trendline of the 4-5 (5th wave) move but did got stopped out for breakeven. after that only upward momentum. wave 5 can very well still go up to the 42 area before i see the correction starting.
keep an eye out for trendline violations in the 5th wave to get an indication that the correction is starting.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.