hthieuvn

2 scenarios of Elliott waves

FX:UKOIL   Crude Oil (Brent)
130 2 3
I think if UKOIL             keeps going down until the end of this week, so it would be confirmed as an ELLIOTT wave pattern and may be have two scenarios:

+ Scenario 1 (blue waves): (a) ~ 43.89 ; (b) ~ 45.76 ; (c) ~ 42.37

+ Scenario 2 (red waves): (a) ~ 42.37 ; (b) ~ 45.76 ; (c) ~ 38.97

Please note that I'm not a trader and just studying technical analysis . So this is just my own point of view totally based on Fibonacci and Elliott analysis for only purpose of sharing ideas.

Thanks for your interesting and sorry for my English.

I like your chart.
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hthieuvn Swing_Trader
Thank you for all your feedbacks.
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