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RajDhall

Looking for a move back into value

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BP ORD USD0.25 (LSE:BP.)  
RajDhall Uppdaterad   
LSE:BP.   BP ORD USD0.25
Technical Indicators Wave Analysis Chart Patterns
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indicator waveanalysis chartpattern
I believe we could see a move back into value or even higher if the oil price rises after the 22nd Sept OPEC meeting.

We are currently seeing bullish signs and volume is in favor of this move.

I have highlighted what I believe is a floor and ceiling level of the current consolidation level.

The first target would be at the price label and then the top of the consolidation area
Kommentera:
As previously stated I hope people looked at this trade as it would have been fruitful. Now I am expecting some consolidation and then a move back to the highs over some time
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