Hello friends
In the oil price chart, we saw the formation of a triangle that has ended and with the price moving upwards and breaking the downtrend line and pullback to it, it has formed a 5-wave pattern, all of its sub-waves have been identified.
The 4 sub-waves of this pattern have been clearly formed and wave 4 has corrected by 61.8% of the Fibonacci.
Now it is the turn of the price to move towards wave 3 or C.
The first target is $82 and the second target is $86.
Be successful and profitable.
In the oil price chart, we saw the formation of a triangle that has ended and with the price moving upwards and breaking the downtrend line and pullback to it, it has formed a 5-wave pattern, all of its sub-waves have been identified.
The 4 sub-waves of this pattern have been clearly formed and wave 4 has corrected by 61.8% of the Fibonacci.
Now it is the turn of the price to move towards wave 3 or C.
The first target is $82 and the second target is $86.
Be successful and profitable.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.