Hi fellows, If you were following me on UKOIL then you know that what we were looking on UKOIL from top and where we were expecting reversal. We are close to reversal now watch for impulse. Good Luck fellows.
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Watch for impulse at the bottom
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Oil still in bearish trend one more wave down is possible. Here is the update. Once price complete that bearish wave watch for strong impulse for reversal as you can see example on the chart.
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ValtsChow
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Hey Wave-Trader
Do you still see any big move upwards? Cause Oil lately has been dropping like a rock
Thank you
Luvolwethu
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looks like its making yet another flag for a short term sell towards the 7 Month, what do you think Wave Trader?
@gulz yeah I did buy at 44.57 but the impulse isn't too strong yet. So I've quickly moved my stop loss on break even now incase it returns down
midas11
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@Wave-Trader please is it possible to give an update on uk oil? It's at the bottom but has broken the trend line. Is it time to buy.
You've been very quiet this week and I hope you very well
Do you still see any big move upwards? Cause Oil lately has been dropping like a rock
Thank you