Lovely opportunity to tackle yet another downward surge in Oil for the day ahead. Today the markets opened up in a beautiful
sell off across many currency pairs as well as commodities. I do believe that that sentiment is not yet over for Oil and one could
expect, according to this minor degree 5 wave count, a fifth wave completion. This 5th wave will serve to complete the first
correction leg ( a ) of the previous higher degree impulse move.
Targets:
- 39.00
- 38.70
- 38.40
Have a blessed trading week ahead
sell off across many currency pairs as well as commodities. I do believe that that sentiment is not yet over for Oil and one could
expect, according to this minor degree 5 wave count, a fifth wave completion. This 5th wave will serve to complete the first
correction leg ( a ) of the previous higher degree impulse move.
Targets:
- 39.00
- 38.70
- 38.40
Have a blessed trading week ahead
Trade active
Trade closed: stop reached