MkhitarAkopian

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About me Private trader with extensive experience in corporate finance and macroeconomics, so I know very well, that "fundamental analysis" doesn`t work. I use only Elliott wave and technical analysis. Follow me to find out new ideas.
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Markets Allocation
100 % other
Top Mentioned Symbols
FX:USOIL 50% | 1 TVC:USOIL 50% | 1
MkhitarAkopian MkhitarAkopian USOIL, D,
USOIL: 2 scenarios for oil
151 2 5
USOIL, D
2 scenarios for oil

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 MkhitarAkopian USOIL, D,
USOIL: USOIL Elliott Wave long-term forecast (09/10/2016)
84 0 0
USOIL, D
USOIL Elliott Wave long-term forecast (09/10/2016)

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 ...

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