AMA_FX

Brent oil has broken out or not?

AMA_FX Updated   
TVC:UKOIL   CFDs on Brent Crude Oil
Hi
I have posted an idea about UK oil a few weeks ago that tried to show bearish market is not finishes yet but I never insist on my ideas and for now there is a considerable doubt about it I need to share it with you as an alternative.
Just let to break out green static support and then purple channel to decide about bull positions.
Comment:
please do not care about indicators on my chart.
They are not adjusted for this analysis.
Comment:
Rally in progress yet
Comment:
Last week finished with the power of buyers and it seems that we will experience the same situation in the next weeks but consider this week correction as the wave 2 Minor.

AMA
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