Learning to apply Scott Carney`s harmonics to UK OIL

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THIS IS FIRST THING I NOTICED THIS MORNING, BLEARY EYED

currernt price action looks bearish tho

 

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There is a daily R! and hourly R3 pivot here too

 

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looking rough

 

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C POINT penetrated so i gu ess invalid

 

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this bullish Bat may be worth watching

 

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strong move down to prz, short retrace then ripped thru itto down side

 

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UK OIL HOUR2 CHART
is this a butterfly beggining?

 

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putting the c point at 50% of ab makes the bc expansion fall exactly on 1.27xa

so im long to there as my op
cop at 3.82 yellow line
xop at .618 yellow line

 

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Looking like it will drop below x so that makes this xa swing no good

 

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OK IVE REALISED THE B point is no good cos there is n/o fractal there! ok so one lesson learned so far!