BUY BRENT after wave pattern completion Long

Brent Crude OilOANDA

Description

⋅ Feb 21, 2019 2:45 PM

Two impulse waves (A-B-C) followed by a three wave correction in a pole and descending wedge pattern. An expected 1-1 movement is possible but to be on the safe side a 1.618% Fibonacci retreacement was made measuring the impulse waves. TP is 68.3XXX