Oil to breakdown previous lows : 26,67$

20 juin 2019

big view of oil price chart. we are going into the last move down before the oil bull market.

20 juin 2019

Note

We are into a corrective structure (big circle) of the big 3rd wave, we might go lower to break previous lows under 26.67$.

Before this 4th wave could have it's top (C)
on the golden zone of the big 3rd around 80$
or we are already completed the C of the 4th wave
according to the sharp move down of the price.

Key : watch the actual move, if it goes corrective (small circle) then we are
certaintly made the C of the big 4th.

Weekly : bearish once to make the big 5th with is the big C, ending the higher degree corrective structure before the big upside move