It is not far from the expectation that oil will not increase!?
Hello friends, good night
Brent oil
There are two possibilities:
The starting price of 70.186 is a rising market, which is more likely in my opinion, because of the increase in the price of gold and almost the entire stock market and even a good cryptocurrency, it is not far from the expectation that oil will not increase!?
It will be an impulse pattern and then definitely a corrective ego and continue towards a higher goal.
135.364 was the beginning of a bear market that may not yet be over, a large corrective pattern, and then declines and the bear market resumes.
But currently, a three-wave pattern like a zigzag pattern can become more complicated and turn into a (side correction) pattern.
Be happy and good luck in business, friends
Brent oil
There are two possibilities:
The starting price of 70.186 is a rising market, which is more likely in my opinion, because of the increase in the price of gold and almost the entire stock market and even a good cryptocurrency, it is not far from the expectation that oil will not increase!?
It will be an impulse pattern and then definitely a corrective ego and continue towards a higher goal.
135.364 was the beginning of a bear market that may not yet be over, a large corrective pattern, and then declines and the bear market resumes.
But currently, a three-wave pattern like a zigzag pattern can become more complicated and turn into a (side correction) pattern.
Be happy and good luck in business, friends
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