aibek

Brent Crude Updated Map - Triangle in wave X - watch 41.30

Short
aibek Updated   
TVC:UKOIL   CFDs on Brent Crude Oil
This is an update for the earlier map (see related)
Wave X could have built a triangle ABCDE.
All rules are obeyed.
Price should trigger the terminal point of wave D of triangle to destroy it below 41.30.
The target is the same
Comment:
The game is between 41.78 and 43.40 now as triangle could have extended itself with new legs F and G.
Comment:
Wave could be larger than thought before, top of wave C of (X) is final trigger for invalidation
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.