WTI Cash (or Spot) Contract
Short

Hellena | Oil (4H): Short to area of 50% Fibo lvl of 71.500.

2 394
Colleagues, I believe that price is ending a five-wave upward movement and a correction is about to begin. I expect the price to renew the nearest high and reach the area of 75.500, after which it will start a correction to the area of 50% Fibonacci level of 71.500.
It may well be that the price will immediately start a downward movement and it will mean that wave “C” is already completed.

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Note
Colleagues, the price continues the upward movement and I believe that this means that wave “3” turned out to be much longer, but still I do not rule out a corrective movement. Well, in this case we will be able to take the order to 0.
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