BOIL's price has successfully wrapped up the magenta wave (b). Looking ahead, we foresee an ascent in the fourth leg of the yellow five-part wave, targeting the yellow Target Zone between $116.87 and $334.93. Following this ascent, a substantial decline is expected, bringing the price down to around $23, signaling the conclusion of the white wave (II). This yellow Target Zone presents an opportune moment for initiating short positions to capitalize on the anticipated bearish movement.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。