IgorFlow
Short

Elliott wave analysis of Brent Oil. TF: 4H.

FX_IDC:USDBRO   U.S. DOLLAR / BRENT CRUDE OIL
The wave of the triangle "b" is still forming. In which a triangle (B) is forming. On small TFs (in the internal structure) several options are possible, but, most likely, the wave or of "D" is forming. If , then it also takes the form of a triangle (THREE TRIANGLES IN ONE POST!); if , then this are the initials.

Local targets are below the turquoise level and above the red. The global targets don’t change - going deeper that it was in 2008 (mandatory) and 2016 (preferably).
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