Oil has bounced from 65 level and provided a clear ABC pattern to upside and also provided clear
ABC pattern to the downside.
As per this there are 2 possiblities.
1- Either this pattern in WXY, in which WX is completed and we are due for Y move, which has to
complete above 68.19
2- 2nd ABC can be part of ED,and wave 1 of ED is complete and 2 is ongoing.
Lets see how it playout.