FX:UKOIL   Crude Oil (Brent)
111 0 1
A nice U Turn correction.
Brent Crude oil             is about to Challenge the previous high.
1. Daily chart seems to be wave 3 now.
(M....if this is valid then wave 5 might be target at 50.)
2. Correction back test 66 hours EMA average forming a very good looking U turn format.
3. Price moving up with a healthy Transaction Volume increased.
4. The correction might be classified as Push Down To Buy (PDTB) by major players.

Let see what is the top of wave 3.
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