West Texas Oil OANDA:​WTICOUSD

Keeping the previous analysis continued, we slightly modify our expectations for the motion track and the target price. The slowdown in the exchange rate decelerates. Movement will look like a widening but downward-looking band. Correction and main waves can be the same size. Therefore, the trader may be a winner with trailing strategies. The target price for ...

WTICOUSD up to 40 usd free fall. The exchange rate builds a second downward wave of a dual wave structure. Its size may be similar to the first one. Therefore, the current decrease could be about 23% from the current level. The exchange rate drops close to 39-40usd. Correction is made when the exchange rate is in contact with the axis of the wave axis. No further ...

Not only did I rate the exchange rate movement, but I made a mistake in calculating the correction level. That is why I re-evaluate the course of the entire exchange rate movement. Based on the current data, it is assumed that the exchange rate will continue to decrease. Currently, a correction has begun which may last up to 58usd. Then we expect another downward ...

WTICOUSD is approaching a round. At the same time, it can not be excluded even to a 58usd level. We do not expect any further downward movement. The upward dual wave structure has a target price of 69 usd.

Our assumption is that the exchange rate has reached the bottom of its decline. No further falls are expected. This adjustment level can be given by an ATR axis that is identical to a valley axis. The rebound is initially uncertain. We expect a triple rising wave structure. The third wave target can reach 80 usd levels.

We expect further increase from this level. Before a larger lift we expect a triangular movement in the triangular shape. In case of an outbreak of this form, the exchange rate is expected to be close to 89 usd levels.

I'm think of shorting down to 67.8 as we didn't break resistance and see how strong the support is below before making the next decision. Weekly and Daily support a Short move.

The exchange rate is expected to increase in the longer term. A higher increase is expected after the ABC correction wave is completed.

Drop before the big jump. WTICOUSD is moving in a three wave structure with decreasing trend. It is currently building the correction structure of the second downward wave. Small ATR at slow speed. Starting from the 66 usd level, the construction of the last decreasing wave structure begins. Its target price is around 60-61 USD. At a larger time interval, it is ...

We arrived at the end of WTICOUSD correction. We are expecting a further rise from the 67.2 usd level. The target price increase is 80.80 usd. the current correction occurred in a 1.5 wave structure. In general, the double wave structure is more common in corrections.

WTICOUSD correction comes. Two falling fractals can be identified in the exchange rate (red wave). The starting moment of the second wave structure is greater than the initial moment of the first fractal. As a result, the fractal structure of the second wave may increase with the ratio of the two moments. It's around 1.27. If the counting is correct, this ratio of ...

WTICOUSD double rising wave structure. I expect the exchange rate to rise further. The rate of rise may be equal to the size of the first wave structure of 0A. The target price increase for BC wave structure is 79 usd. Then I expect a correction, the size of which is close to the structure of the AB wave. At this point, the exchange rate may fall back to the USD ...

WTI is a big correction or further increase. The WTI target price is far above 80 usd. The question is not that. The WTR ATR value of the exchange rate is low. Which means that a strong correction can occur in this range. If it arises, the target price of the correction is 51 usd. The exchange rate is now expected to reach 80 usd. The current rate is just not ...

Typically price doesn't hang around too long, and either reverses, or accelerates through..

Crude Oil at resistance level, going above 61.535 opens the upside to 63.60/64. Buy on daily close above 61.535. Attention to fundamentals, inventories, and OPEC before decision is made.

WTICOUSD has reached the correction level of 61.96 usd and is turning. I expect the exchange rate to rise further. The primary target price is USD 63.77.

WTICOUSD 2 wave rise. The first wave of ascension starts now. The target's wavelength is 66 usd. From this level, I expect a correction to reach 63.3 usd. Then a second-wave structure of almost the same size. For this purpose, we can have a level of USD 68.3 usd.

WTICOUSD rising wave motion. Currently, a flat ATR axle takes place, so I expect a recurrence wave to 57.16 usd. From this level of adjustment, a more steep rise can begin. For which purpose it is around 63.39 usd level. The second wave rises with a higher slope and velocity.