Brent Crude Updated Map: Down to $51->Up to $148->Down to $19

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Brent Crude Updated Map: Down to $51->Up to $148->Down to $19Brent Crude FuturesICEEUR_DLY:BRN1!aibekAs price moves further to the right we can see better the structure Upside move failed and now structure looks different We are in a large sideways ABC consolidation that started with the leading diagonal in the wave (A) white. It took the price 12 years to unfold Now we are in the large correction within wave (B) white In its turn, it consists of three subwaves ABC (blue) Going deeper, we are in the last wave C (yellow) within blue wave B It can touch the $51 level if yellow wave C travels same distance as yellow wave A The rally shall resume within last blue wave C of white (B) to possible hit the upside of the range at $148 After that, the final wave (C) down is expected to touch the other side of the range at $16