Short Brent (UKOIL)from 55.9 range (watch the yellow rectangle).

25 במאי 2017

Oil reaches mid-term downtrend line (red dotted line) on positive news from OPEC, finishing ABC structure. RSI is on the new hi. So, IMHO, we should see new falling wave from the range, marked by yellow rectangle (55,9 - 56,6). Watch the price action.
First aim - 46,7