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ESV Going For The 8.3$-8.4$ Range Short Term

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ESV looks like is starting the fifth impulsion wave, already gone through the 0.382 and 0.618 retracements of the previous high. Using both the levels of 1.618 retracement and 1 extension, my guess is that ESV will be trading in that range short term.
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Broke structure & former supports, formed H&S. Thrown off a cliff by Brent. Fail!
brentChart PatternscrudeEnergy CommoditiesESVoffshoreOilTrend AnalysisCrude Oil BrentCrude Oil WTIWave AnalysisWTI

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