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!