Oil looks overbought (no surprise) and very heavy.
The entire structure from 8th of June look like a flat, without motive waves but only 3-wave structures . I am expecting a move down in shape of 5 wave structure to complete wave C of the flat.
The entire structure from 8th of June look like a flat, without motive waves but only 3-wave structures . I am expecting a move down in shape of 5 wave structure to complete wave C of the flat.
