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finsIe
Aug 21, 2019 3:54 PM

UKOIL - 123 complete or WXYXZ in process? 

BRENT CRUDE OILTVC

Description

Hello traders,

The 2 possible scenarios I see:

We go up from here to break the 75 area before heading back down to <45 which would mean we have a standard flat correction for the middle wave.

Or

We break the 50-52 price level now and then we head back up to complete a middle WXYXZ correction before any pattern continuation.



If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
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Thank you,
Good luck

Comment

Good job to all who are in this move! It looks like we are getting the first option, here is what we are looking at next.
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