Brent - Last Impulse?
UKOIl. Brent.
Oil has been in a constant uptrend for months. The wave count concludes that this is the last impulse leg to the upside, after which we could see a bit of decline in the oil prices.
This is currently the wave 4 correction in the form of ABC zigzag, which could complete near 100% of wave A. However, we can still use this bullish momentum to gain profits and buy oil once we see the price breaking upside.
Oil has been in a constant uptrend for months. The wave count concludes that this is the last impulse leg to the upside, after which we could see a bit of decline in the oil prices.
This is currently the wave 4 correction in the form of ABC zigzag, which could complete near 100% of wave A. However, we can still use this bullish momentum to gain profits and buy oil once we see the price breaking upside.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.