UKOIL ELLIOT WAVE ANALYSIS

Hi there, This is my wave count of UKOIL
I expect a correction to make a b wave and potentially to make a great C wave .
Notice that I've got an invalidation level that if it gets touched my entire analysis will fail.
ALWAYS DO YOUR OWN ANALYSIS. not trading advice!
cheers!

Kommentera:

bearish target is hit ...expecting an uptrend and then bigger downtrend.
cheers!