Solid News
WTI Crude Oil, Elliot Wave Analysis
8/15/2022 11:59 AMA fall is possible.
On the daily chart, the first wave of the higher level 1 of (1) of C ended, and a downward correction develops as the second wave 2 of (1) of C, within which the wave a of 2 forms. Now, the third wave of the lower level (iii) of a is developing, within which the wave v of (iii) is forming. If the assumption is correct, the price of the asset will fall to the area of 82.30–67.00. In this scenario, critical stop loss level is 103.55.
Solid ECN Securities is an international brand formed and authorized in Saint Vincent and the Grenadines with the registration number 1390 LLC 2021 committed to offering the best possible trading experience.
Disclosure: Please note that foreign exchange and other leveraged trading involve a significant risk of loss. It is not fit for all investors and you should make sure you realize the risks involved, seeking independent advice if necessary.
Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2022 SolidECN.com