sudhannayak

Brent Crude OIL EW analysis on lower time frame

FX:UKOIL   CFDs on Crude Oil (Brent)
Om Namah Shivay

Trying brent crude oil EW analysis. The structure with EW in Crude OIL have own characteristics.
The structure looks like an Impulse after previous impulse + abc structure. Possibly there is small correction or sideway on short term.
In Crude, the 5 wave impulse that we counted now, is part of a bigger impulse wave. Previous impulses are very dynamic which suggests if this is going to be an impulse, then the long side ways are part of it.

Om Namah Shivay
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