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Brent Daily

On semi-logarithmic chart, where one bar corresponds to three days, shows two scenarios. Both options imply an early completion of the bull market. After setting the maximum wave (C) or wave (4), the price will drop below $ 40.

For the alternative, the critical level is 88.49, the final wave (4) must be lower. The wave (C) can go higher, but this is unlikely.

 

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