Clapperton_

Clapperton_

The decline from 08th march to date has been corrective in nature. If the was done at $85.709 bottom then growth is expected to target range of $146.198 and $156.490 per barrel which is forecasted by the reverse Fibonacci of the completed correction. The analysis is valid as long as prices stay above the $85.709 price level

Clapperton_

EURCAD has been consolidating from 13th July to date, after the consolidation the market will resume the decline. The first option is a rally to target of CAD 1.31732 and CAD 1.32241 before the decline resumes. If prices hit CAD 1.129671 it will indicate that the move down has resumed and the consolidation is done.

Clapperton_ Updated 

USOIL is tracing out a trianlge in wave X (Minute degree). The risk is to the down side.

Clapperton_

At the end of wave C (minoe degree), the market has formed a strong Bearish Engulfing pattern. The risk is to the down side.

Clapperton_

Until the market breaks the trend line, the risk is to the down side.

Clapperton_

Tesla just completed wave 3 and a rally wave 4 is on that will likely last at least 2 weeks. After which wave 5 will begin and pull prices a new high before we see a massive decline. if the count is right, the market remain above the Invalidation level.

Clapperton_

The Move up from late January to date is corrective taking a form of a triple zigzag. The risk is to the down side

Clapperton_

USDZMW hit k22.94, A record high on July 2021. This high completed five waves at minor degree (bull market). USDZMW has since been in a bear market to correct the Impulsive bullish period from 1997. The decline after July was expected to be aggressive as it typical after a market hits the record high and the five wave is extended. The rally from August 2021 to...

Clapperton_

xAUAUD traced out a bearish five wave impulse from Aug 2020 that ended in Mar 2020. From March XAUAUD has been forming a double three. Wave Y (Minute) of Wave B (Minor) is tracing out a triangle, which if completed should push AUD to two potential of 2610 and 2684/oz , at which wave Y (Intermediate) will retrace 0.618 Feb level and Wave C (Minor) will be equal...

Clapperton_

Tesla completed wave 3 at a price high. After the the completion wave 3 that ended 4.236 Fib Level a wave 4 correction to .618 is expected before another rally up to complete wave 5 that will see prices break the newly recorded high price.

Clapperton_

i am forecasting bullish market to 62283 to complete wave 5.

Clapperton_

FDX looks like forming a double three correction. I am seeing a wave 4 retracement of wave 3 to 0.382 0r .5 and then further move down to complete wave 5 and wave Y at 0.618 Fib level.

Clapperton_

I am expecting growth to 92.999 to finish wave 5. if you like this idea or have your own opinion about it, write in the comments. I will be glad.