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I am seeing that on a daily basis the strength of $ against Rials is increasing the only option that iran has is a strong attempt to bolster production at all lines of industry at leat to 300 to 600% of the current status. only in this way we will be able to slow down or halt this currency weakness against the US dollar. it has bee alleged that iran can absorb...
In my analysis, gas price is traveling along the wave E, and now is finishing wave b of a zigzag. And i will soon head down to complete a 5-wave race. At its peak, Russia enjoyed gas export to Europe, thus leaving The USA a big loser. She then pushed to retaliate for the lost market and caused the Ukraine war and sold arms equivalent to the amount of the gas...
after a 5-wave rally oil has entered an ABC flat correction the B leg of which can go up to anywhere between 150-350 dollars per barrel but ig this takes the form of an expanding flat we will once again see that the price frop below the pivot of wave A in the coming years after termination of B wave, to form the major C wave. when oil was enjoying its top price at...
Price is situated in the E branch if a contracting triangle.
Steel is descending on the D branch. Then the wave E will lift the price.
after spending time in a neutral triangle and emerging from that it is now heading down to the apex of this triangle & after this will head towards the supposed wave E
A five-wave impulsive move is near to terminate as the 5th wave of the fifth wave is extending. The extension can end at 1.62% of w1+w3. But the retracement of the coming wave A can sit over the 62% of the extension.
Wave c is coming to an end Thus completing a flat correction
A descending zigzag seems to be appearing As part of bigger B wave.
Price correction seems ended A flat correction has ended. And a new pattern is emerging.
it can increase another 40% or a bit higher then there will be another flat formation to the downside this may complete the WXY correction pattern
since 1861, oil price has been oscillating in the form of a 5-wave move the 5th wave of which is shortened. or you can consider a contracting triangle, reverse alternation of counter type whichever you consider, it seems highly probable that the price needs to be corrected price & time-wise.
Price has been rallying a downtrend on a zigzag pattern. The wave C has extended almost to 2.62% of the A wave. Yet the trend is not over. Wave C has an extended third wave. In that third wave, the third smaller wave must be extended and has not yet reached to that point. I kindly request those well-trained in the field to provide me with their expert opinion on...
the dollar index after decades of travelling in a wedge-like contraction has finally managed to rise out of it compared to that Gold has been ascending in a mirror form of price contraction in my opinion in the coming years, dollar gains strength and gold will follow a desending course the trendlines donot sit properly when seen as a screenshot but in the real...