MkhitarAkopian

MkhitarAkopian

1. 5th wave in C has started 2. (B) wave in triangle correction ABCDE in 4th wave has started. This means, that 5th wave will be much later, but I think this is not what is exactly happening on oil market. For me scenario 1 is more preferable. In any scenario just keep calm and short oil, when it breaks 47.06 support. P.S. always use stop loss. Always. Yes, ALWAYS!

MkhitarAkopian

It is almost obvious, that we are finishing wave 4 of super-cycle in wave C of grand super-cycle. Right now there is a small short-term correction, I expect good buy opportunities at 47 - 48.5 with TP1 at 55-56 and TP2 at 59-61. Additional confirmation will be after break-out of neck line of reversed head and shoulders (purple line). I prefer to make SL at the...