TVC:UKOIL   CFD Petrolio greggio Brent
Wave 1 completed in 6 days,
Wave 1 of 3 also completed in 6 days,
The pattern shows that we have an internal time of 6 days to work ratios forward.
The next 6 * 1.0 ratio projects to 27th August

Currently price can decline further to around 59.1 or the advance can start from here given that the ABC is already completed.
This is not a day trade, it can take several days or weeks to complete.
Always use quotes on your broker platform.

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