CFDs on Brent Crude Oil
Long
Updated

BRENT CRUDE. Update. Triangle.

298
We are in the last consolidation within the triangle ABCDE.
Wait breakup. Target 67-70 depends on Fibo ratios between A and C.

By the way, in USOIL there is no such a classic triangle shape.
Order cancelled
I don't like the move. The RSI and MACD doesn't look good.
Note
I like this chart about oil
Elliott wave analysis on usoil (2017-02-04)

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