Elliott wave analysis on UKOIL (2017-06-16)

This is how I understand the movement in UKOIL with elliott wave analysis. I just shared it here and marked it as a education idea.

Comments and suggestions are welcome!

Good luck for everyone!

Trade chiuso: obiettivo raggiunto:

Be careful. Top formed here.

Trade attivo:

www.tradingview.com/chart/jHqp4dh0/
It seems that it got supported. Buy again!

Commento:

Commento:

Wait for the pull back and prepare to buy at around 52.8.