CFDs on Brent Crude Oil
Education
Updated

Brent Crude Updated Map - More Down 32.90/29.70

Current consolidation is a classic flat within double three WXY (white labels).
Which is in its turn is the wave ((X)) of the larger yellow degree - the junction between ((W)) and ((Y)).
After it gets completed another drop would follow to hit the blue box between 32.90 (38.2% Fib) and 29.70 (50% Fib).

Note
back to earlier map as oil didn't drop
Brent Crude Correction Gets Complicated range 43.40-36.99
Order cancelled

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