meszaros

WTICOUSD long waiting for entry.

OANDA:WTICOUSD   West Texas Oil
WTICOUSD long waiting for entry. The analysis shows two fractals. If we look at the first fractal. You can see how the wave sequences are doubled within the fractal. We expect similar laws in the second fractal. But complicate it. The structure of the second fractal wave is basically larger than that of the first fractal. This is because the distance between the ATR closures (white narrow rectangle) is greater than the second fractal. Consequently, the amplitude of the second fractal volatility is also higher. This analysis was done in a 1W time frame. Therefore, I expect further correction up to the level of 56.32usd. I look forward to turning north again near the correction level. The next target price is 69.39 usd.

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。