Brent Crude Correction Gets Complicated range 43.40-36.99

14 июн. 2020 г.

The current move up is not an impulse as its 1-2-3 maybe (A) of yellow ((X)).
Then the correction gets more complex and we will get stuck in the 43.40-36.99 range.

15 июн. 2020 г.

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Updated map at the following link

17 июн. 2020 г.

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back to this idea as oil didn't drop and shaped the triangular consolidation
it means more up

18 июн. 2020 г.

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Update
It could be ABC in wave (4) and C is an ending diagonal.
Break above 41.02 will confirm reversal to the upside.

18 июн. 2020 г.

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Triangle could still appear with another drop and only then reversal to the upside

19 июн. 2020 г.

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Update
It goes as planned, wave 4 down and then the last push up are pending to complete wave ((X)).

20 июн. 2020 г.

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Updated in new post