This is an observation of BCOUSD or Brent Crude Oil forex market trading how a correction started continuosly and where it should ends. Initially the correction move started with the 5 and 15 minutes time frame movement synchronously by MACD and Stochastic.
Then when the 15 minute ends it follows by 30 and 1 hour time frames MACD starting to diverge. In between there are minor correction along in the process. Once the 30 minute ended the 1H MACD starting to gain momentum and the 4H started. It keeps goes on - in this case a continuation will start when the MACD on the hourly time frames starting to converge.
The possible target is middle band 4H time frames.
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