Brent Crude futures - Waves Analysis

Jan 11, 2020

Here's my complete count from 2000 until now.

Two short term targets are important now.

• $71.5
  
• $83.68
  

I expect a failure at one of those levels. Followed by a new decline to <$35.

PS: A move above $86.74 would invalidate this idea.

OIL #WTI #BRENT #OOTT CL BRN

Jun 4, 2020

Trade closed: target reached

Jul 27, 2020

Note

Aug 2, 2020

Trade closed: target reached