Advertisement
Headlines
Grega | June 19 2012 8:15 EDT
June 19 2012
Crude made only three down from 87 to 81 area which means that this structure is corrective, but part of a larger incomplete complex correction. After a sell-off yesterday, we know favours a triangle pattern placed in wave 4. However, prices are now still only in wave (d) , so more sideways before going lower. If we are correct, the prices will now remain below 85.50 short-term critical resistance.
Special Offer available now: 2 Months for Price of 1
Company : Elliot Wave Financial Service
Website : http://http://ew-forecast.com/
About :
To trade the Forex market effectively, you need the right guidance and resources, and team at www.ew-forecast.com can definitely help you with that.
We at www.ew-forecast.com are providing advanced technical analyzes for the financial markets with method called Elliott Wave Principle. The Elliott Wave Principle gives you a method for identifying at what points the market is most likely to turn. And that, in turn, gives you guidance as to where you might enter and exit positions for the highest probability of success.
We help new traders who are interested in Elliott Wave theory to understand it correctly. We are doing our best to explain our view and bias as simple as possible with educational goal, because knowledge itself is power!