Brent Crude Oil's drop could spoil WXY model of correction posted earlier.
It looks like we could have a Triangle instead as higher lows and lower tops appear on the chart.
It looks like we could have a Triangle instead as higher lows and lower tops appear on the chart.
Note
Could transform its shape but still triangleNote
wave E was short
Trade closed: target reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.