RiderTrader

UKOIL - Possible Wave Count

Long
TVC:UKOIL   CFDs on Brent Crude Oil
Currently in the move of Wave 3 , creating an extension of wave 3 .
Possible target of 2.618 times @ 114 levels .
With a possible retracement to 0.5/1.618 levels @ 85 - 90 Levels
For a final target of 150 levels for wave 5

I am not entirely sure on this count . If anyone has any suggestions it would be greatly appreciated

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