Long UKOIL to 56.4
So, we reached the goal at 52.7 – the end of sub-wave 5 of wave C. That point is turning point – start of new 5-3 Elliott cycle. In this view we wrote down sub-waves i and ii of wave 1 at 53.9. (Sub-wave ii may rich 53.7 – 0.618 of Fibo)
Long position to 56.4 – end of sub-wave iii of wave 1. Wave 1 will rich 57.
Long position to 56.4 – end of sub-wave iii of wave 1. Wave 1 will rich 57.
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