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ArthaVidya

Brent (UKOIL) Monday Target Zone: 77.87-78.36

Long
CFDs on Crude Oil (Brent) (FX:UKOIL)  
ArthaVidya Updated   
FX:UKOIL   CFDs on Crude Oil (Brent)
Trend Analysis Chart Patterns Wave Analysis Crude Oil Brent brent Oil Crude Oil crude Energy Commodities Commodities oott
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After hitting the 0.786 retracement level from the previous week's highs and finishing the week at the 0.382 retracement level from this year's highs, I'm targeting the area of between the complete retracement of May 31st highs and the 0.618 of the year's highs.
Comment:
Target failed. Reversed H&S formed, I remain bullish with the same target for the next couple of days. Mid-term analysis remains in plain.
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