Bullish view on UKOIL Long

Crude Oil (Brent)FXCM

Description

⋅ Dec 24, 2018 2:19 AM

The awaited RSI divergence has formed.
Only one support line of the three was broken (marked by the arrow).
Elliott rules presuppose an ending triangle formation.
To confirm it the price should cross upper downtrend resistance line.

Trend Analysis Wave Analysis