Brent Crude (UKOIL). Buy on breakup for the last wave up.
This is the Blitz setup as the current consolidation structure hints at the following breakout to the upside.
It looks like we have finished the 4th wave.
The next is the last 5th wave to hit the Fibonacci area highlighted with the orange box.
The target is set between the 79.64 and 84.06.
OPEC+ will meet this Friday and the last wave up coincides with the market nervousness.
It looks like we have finished the 4th wave.
The next is the last 5th wave to hit the Fibonacci area highlighted with the orange box.
The target is set between the 79.64 and 84.06.
OPEC+ will meet this Friday and the last wave up coincides with the market nervousness.
There is a similarity between larger (4) and current 4, both shaped bull flag.