AltiFX

Ascending triangle breakout or breakout of Wolfe Wave pattern?

TVC:UKOIL   CFDs on Brent Crude Oil
I would suggest to wait for the price to reach either trendline to determine what to do. If price breaks above I see price filling the gap to 45$ a barrel in the long run. If it breaks out of Wolfe Wave pattern I see the price correcting the price to 29$ a barrel.
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