UKOIL - 123 complete or WXYXZ in process?
Updated
Hello traders,
The 2 possible scenarios I see:
We go up from here to break the 75 area before heading back down to <45 which would mean we have a standard flat correction for the middle wave.
Or
We break the 50-52 price level now and then we head back up to complete a middle WXYXZ correction before any pattern continuation.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to like & follow.
Thank you,
Good luck
The 2 possible scenarios I see:
We go up from here to break the 75 area before heading back down to <45 which would mean we have a standard flat correction for the middle wave.
Or
We break the 50-52 price level now and then we head back up to complete a middle WXYXZ correction before any pattern continuation.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to like & follow.
Thank you,
Good luck
Note
Good job to all who are in this move! It looks like we are getting the first option, here is what we are looking at next.
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