Hello Everybody,
Oil price is in Bear territory and despite manipulation of war acts we can expect it to fall in the upcoming years. I am a little concerned of what will they come up with, after bears are finished, to turn the trend around. Military actions are likely.
As of now I am looking to progress in B wave down and then C wave up that will complete 2nd wave and lead open door to long 3rd wave. That 61.8% could be possible entry territory. Time will tell.
Kindly,
Toivo
Oil price is in Bear territory and despite manipulation of war acts we can expect it to fall in the upcoming years. I am a little concerned of what will they come up with, after bears are finished, to turn the trend around. Military actions are likely.
As of now I am looking to progress in B wave down and then C wave up that will complete 2nd wave and lead open door to long 3rd wave. That 61.8% could be possible entry territory. Time will tell.
Kindly,
Toivo