Hellena | Oil (4H): SHORT to 100% Fibo (59.144).
As for oil, a major ABC correction in wave B of a higher order continues.
Wave “C” should be approximately equal to wave “A”, so I expect a correction in wave ‘B’ to the level of 63.789, followed by a decline in wave “C” to the level of 100% Fibonacci extension 59.144.
There is a possibility of wave “A” extending into the same area, but a correction before the decline seems more attractive and correct.
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