meszaros
Long

WTICOUSD ascending motion...

OANDA:WTICOUSD   West Texas Oil
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WTICOUSD ascending motion. According to our strategy we have drawn up the long-term wave structure of the exchange rate. Currently, the exchange rate is in a 43-53 usd band. Quarter wave amplitude. Our assumption is that the upward exchange rate will hit the USD 53 higher. It then begins to make a repeat correction. We estimate its size to one-eighth. Then, according to the wave structure, we expect a repeat quarter-wave rise and then a half wave correction. Finally, a total wavelength of up to USD 66 for USD $ 43.

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