Brent Crude: Ending diagonal, down then up in 5 of (5)
This is the updated map. Could be an ending diagonal in wave 5 to complete the first impulse up
It goes in line with the big map (see related) and also my forecast
that price should fill in the gap occurred when Saudis started price war this March
It goes in line with the big map (see related) and also my forecast
that price should fill in the gap occurred when Saudis started price war this March
Note
It goes in line with the map.I changed the labeling of the ending diagonal
we are in the wave b of (5) - another impulse up in wave c is pending
Note
We are still in the huge Ending Diagonal.Updated map. Y of (5) of ((5)) could be underway to hit 47.70 (Y=W)
Note
The model has been invalidated as huge correction is underway now
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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.