Brent Crude oil is about to Challenge the previous high.
1. 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 average forming a very good looking U turn format.
3. Price moving up with a healthy Transaction 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.