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Interesting structure of UK oil

CFDs sur Pétrole brut (Brent) (FX:UKOIL)  
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FX:UKOIL   CFDs sur Pétrole brut (Brent)
Crude Oil Brent Elliott Wave analysis Leading Diagonal
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ukoil elliottwaves analysis leadingdiagonal
UKoil formed a quite interesting structure —— a 33333 rising wedge. It should be a leading diagnoal which acts as wave 1. Following it will be a correction wave 2.

And remember that if wave 1 is a leading diagnoal, wave 3 is usually extended.

Good luck for everyone!

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