UKOIL ELLIOT WAVE ANALYSIS

Hi traders
this is my new idea of UKBRENT OIL I believe we are about to finish the downtrend and start a bull trend afterwards.
ALWAYS DO YOUR REASEARCH...THIS IS MY PERSONAL POINT OF WIEW AND IS PRONE TO GET INVALIDATED SO DYOR
cheers!

İşlem kapandı: hedefe ulaştı:

as you can see we had an extended wave 3 that in most cases wave 1 is roughly equal to the wave five as it is shown in the chart...this is the beauty of EW
always do your own research !!!!
cheers!

İşlem kapandı: hedefe ulaştı:

running well

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I labelled the wave 4 , i didnt expect to see a long wave 4 but consider that Ive got an invalidation level that if it gets broken my analysis will be wrong
AS ALWAYS DO YOUR OWN RESEARCH!
CHEERs

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the zone 92.44 should never be broken otherwise my whole analysis will be failed.

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I hope you used my fifth wave analysis

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welcome to the fki ing winter.