Short

UKOIL ELLIOT WAVE ANALYSIS

Updated

Hi traders
this is my new idea of UKBRENT OIL I believe we are about to finish the downtrend and start a bull trend afterwards.
ALWAYS DO YOUR REASEARCH...THIS IS MY PERSONAL POINT OF WIEW AND IS PRONE TO GET INVALIDATED SO DYOR
cheers!

Trade closed: target reached

as you can see we had an extended wave 3 that in most cases wave 1 is roughly equal to the wave five as it is shown in the chart...this is the beauty of EW
always do your own research !!!!
cheers!

Trade closed: target reached

running well

Note

I labelled the wave 4 , i didnt expect to see a long wave 4 but consider that Ive got an invalidation level that if it gets broken my analysis will be wrong
AS ALWAYS DO YOUR OWN RESEARCH!
CHEERs

Note

the zone 92.44 should never be broken otherwise my whole analysis will be failed.

Note

I hope you used my fifth wave analysis

Note

welcome to the fki ing winter.

heydar_1409

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