MtICHI

MtICHI Updated 

as you see tk and ks crossed each other on 3h time frame below kumo cloud so we are expecting a bearish move and then upward rally around 89 $ because of usdcad retracement and hormonic pattern seen earlier please see this harmonic pattern as well and also usdcad retracement

MtICHI

Traders will get another piece of the current inventories puzzle at 14:30 GMT when the U.S. Energy Information Administration (EIA) releases its weekly inventories data. Traders are looking for a crude oil draw of about 300,000 barrels. An unexpected build will be bearish for crude oil prices, while a deeper than expected draw could fuel an intraday...

MtICHI Updated 

Hello traders price over 85.64 is seen as bullish so for bullish scenario the focus should be on tightening supply. The factors influencing this narrative are the OPEC+ production cuts, the EU embargo on Russian energy products and falling U.S. stockpiles. All of these factors appear to be weighing on worries over recession-driven demand destruction and the...

MtICHI

confluence of wolfe wave and div. and crab pattern please see what would be the reaction

MtICHI

based on ichimokou signal and overlapped ts and ks ,we are expecting dxy to retrace toward 109 and make a wxy correcton please see what would happen

MtICHI Updated 

please see how these two factor :harmonic pattern and ichi oa can work along with div. on RSI or MACD

MtICHI

we see divergance on MACD and RSI and harmonic pattern of BAT plus OA pattern of ichikikou all indicating bearish move toward 105 please see what will happen

MtICHI

price is on a major support as depicted on the chart .this support is coincides with 61.8% fjbo ret. of previous rally . such a huge drop is fading our hope for another leg of upward move and this is a major support to determine whether price is going up or not as price is trying to fill the gap happened earlier around 79.5$ as well. please see big pic as below

MtICHI

82.72 is a support on which there is major trend line and 100 fib ext..if break further down will be underway

MtICHI

WXY correction is under way and last leg toward 103 will be seen

MtICHI

As ichi is telling price will retraces before going further down toward harmonic pattern and wxy fibo levels and targets

MtICHI

confluence of fibo and harmonic patten levels depicted on the chart .area of 82.89-81.71 corrections wave are being seen as WXY .support of price action is seen also . please see what would be the reactions

MtICHI

Corrective wave in ABC format so we expect price go below 85 $.

MtICHI

buy order on usoil very good opportunity after this long position we will go short rsik free when reach to 38% fibo

MtICHI

crab harmonic pattern is seen on the chart targets are 86.62 and 82.89 please see what will work

MtICHI

oil is in middle of wave 4 and now is completing first leg of WXY of wave 4 .now usoil will fill the gap appeared on the week opening market .we are seeing a harmonic pattern also confirming Y leg will begin soon . also we see USDCAD wave structure and DXY and CXY to get better insight for how usoil will move . please see USDCAD as below

MtICHI

pair is in correction to make an ABC now we are waiting for more bear move before upside toward 38-50% fibo level of previous wave. please see my previous analysis as below

MtICHI

we are waiting for this harmonic pattern to work .with this pattern in mind we should wait for a possible correction after this upward move near 78.6%fibo level @1.4 if this pattern works and corrective waves starts ,usoil will see a rally pls see what will be coming up