Based on Elliott Waves
The fall in UKOIL prices from $ 137 to $ 96 is a wave (1).
We are currently in wave (2) one is a triangle pattern.
Expect the wave (3) to drop to the $ 60 range.
The fall in UKOIL prices from $ 137 to $ 96 is a wave (1).
We are currently in wave (2) one is a triangle pattern.
Expect the wave (3) to drop to the $ 60 range.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.