Brent Crude Correction Gets Complicated range 43.40-36.99

14 giu 2020

The current move up is not an impulse as its 1-2-3 maybe (A) of yellow ((X)).
Then the correction gets more complex and we will get stuck in the 43.40-36.99 range.

15 giu 2020

Nota

Updated map at the following link

17 giu 2020

Nota

back to this idea as oil didn't drop and shaped the triangular consolidation
it means more up

18 giu 2020

Nota

Update
It could be ABC in wave (4) and C is an ending diagonal.
Break above 41.02 will confirm reversal to the upside.

18 giu 2020

Nota

Triangle could still appear with another drop and only then reversal to the upside

19 giu 2020

Nota

Update
It goes as planned, wave 4 down and then the last push up are pending to complete wave ((X)).

20 giu 2020

Nota

Updated in new post