TVC:UKOIL   CFDs on Brent Crude Oil
On its way down, Brent got stuck at the support line at $97.56. However, we expect it to struggle through and to make it into the blue zone between $94.50 and $89.73, where it should finish wave 5 in blue and wave a in turquoise. Then, Brent should move upwards, crossing even the resistance at $107.64, above which it should complete wave b in turquoise. Afterwards, Brent should resume the downwards movement and drop back below $107.64 as well as below $97.56.
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