Primary Scenario
In the near term, we expect further pullbacks in Brent and WTI futures, with the current downswings bottoming out in our green Target Zone between $88.95–$71.48. Afterward, we anticipate the larger corrective rallies to resume, pushing prices above resistance at $119.50.
Once these advances reach their respective peaks, we expect significant sell-offs into our blue Long-Term Entry Range $42.33–$29.90, where the ongoing higher-level corrections should ultimately conclude.
Alternative Scenario
In our alternative scenarios, Brent could break below support at $58.40 sooner, forming early correction lows in our blue Long-Term Entry Range with a current Probability of 35%.
In the near term, we expect further pullbacks in Brent and WTI futures, with the current downswings bottoming out in our green Target Zone between $88.95–$71.48. Afterward, we anticipate the larger corrective rallies to resume, pushing prices above resistance at $119.50.
Once these advances reach their respective peaks, we expect significant sell-offs into our blue Long-Term Entry Range $42.33–$29.90, where the ongoing higher-level corrections should ultimately conclude.
Alternative Scenario
In our alternative scenarios, Brent could break below support at $58.40 sooner, forming early correction lows in our blue Long-Term Entry Range with a current Probability of 35%.
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.