OIL is going south

Güncellendi
According to my Elliott waves count, we are riding wave three, which is right now breaching peak of wave one level. with help of Fibonacci extension (1,618) i can put my target at around 61,50$ before some correction up, where is also support of trending line. What do you think guys?
Not
SELL OPPORTUNITY not buy!
Trend AnalysisWave Analysis

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