Alright—here’s the weekly diesel story, and yeah… it’s got teeth. 😄🌊
This whole move starts back on July 28, 1986 at about
0.3137
0.3137∗∗.From there, the market build sanearly∗∗5−waveimpulse∗∗,pushing the price to the∗∗
3.6481 area by June 14, 2008—clean, textbook, no questions asked. 🚀
Then the bigger picture gets more serious: we see a higher-degree complex correction, the kind that doesn’t just “pull back”… it resets the structure.
Next, the key invalidation level shows up around $0.4677 (from March 20, 2020)—and real talk? It’s very unlikely we’ll come back to that. That level is basically the market’s “don’t even try it” line. 🚦
After that, the market puts in another motive 5-wave run, climbing to the historic high near $4.3280 on May 31, 2022. And just when you think it’s done flexing… the correction arrives.
The recent pullback was a classic 3-wave zigzag, landing into the $1.6641 zone around January 5, 2026, finishing right inside the 61.8%–78.6% Fibonacci retracement pocket. That’s not luck—that’s structure doing its job. 🎯
Now the current setup? The motive wave in motion is strong, and it’s getting confirmation. This isn’t just a “maybe” move—price is behaving like it’s already passing through deeper corrective territory. The wave count is demanding respect. 🔥
Targets (Arithmetic Chart):
First resistance target at $3.7493 — already broken ✅
Next: $4.9988 (Expanded Target)
Then: $5.7745
And if you’re going for the longer-distance dream targets? Do yourself a favor and use the logarithmic chart—weekly long-term structure tends to make way more sense there. 🧠📈
So yeah… I’m “Mr. Nobody.”
But the market has a language—and the waves are whispering. I’m just listening… one step at a time. 😉🌊
Hey man, just wanted to give you a heads-up! Because of the internet situation here in Iran, I can’t always hop on TradingView. So while I can read all your awesome comments on the charts your friends share, sometimes my replies don’t send out. Just wanted you to know what’s up! 😉
This whole move starts back on July 28, 1986 at about
0.3137
0.3137∗∗.From there, the market build sanearly∗∗5−waveimpulse∗∗,pushing the price to the∗∗
3.6481 area by June 14, 2008—clean, textbook, no questions asked. 🚀
Then the bigger picture gets more serious: we see a higher-degree complex correction, the kind that doesn’t just “pull back”… it resets the structure.
Next, the key invalidation level shows up around $0.4677 (from March 20, 2020)—and real talk? It’s very unlikely we’ll come back to that. That level is basically the market’s “don’t even try it” line. 🚦
After that, the market puts in another motive 5-wave run, climbing to the historic high near $4.3280 on May 31, 2022. And just when you think it’s done flexing… the correction arrives.
The recent pullback was a classic 3-wave zigzag, landing into the $1.6641 zone around January 5, 2026, finishing right inside the 61.8%–78.6% Fibonacci retracement pocket. That’s not luck—that’s structure doing its job. 🎯
Now the current setup? The motive wave in motion is strong, and it’s getting confirmation. This isn’t just a “maybe” move—price is behaving like it’s already passing through deeper corrective territory. The wave count is demanding respect. 🔥
Targets (Arithmetic Chart):
First resistance target at $3.7493 — already broken ✅
Next: $4.9988 (Expanded Target)
Then: $5.7745
And if you’re going for the longer-distance dream targets? Do yourself a favor and use the logarithmic chart—weekly long-term structure tends to make way more sense there. 🧠📈
So yeah… I’m “Mr. Nobody.”
But the market has a language—and the waves are whispering. I’m just listening… one step at a time. 😉🌊
Hey man, just wanted to give you a heads-up! Because of the internet situation here in Iran, I can’t always hop on TradingView. So while I can read all your awesome comments on the charts your friends share, sometimes my replies don’t send out. Just wanted you to know what’s up! 😉
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.