meszaros

WTICOUSD correction comes...

Short
OANDA:WTICOUSD   West Texas Oil
WTICOUSD correction comes. Two falling fractals can be identified in the exchange rate (red wave). The starting moment of the second wave structure is greater than the initial moment of the first fractal. As a result, the fractal structure of the second wave may increase with the ratio of the two moments. It's around 1.27. If the counting is correct, this ratio of 1.27 can be the ratio between the two fractals. So the next downward wave target is around 67.9 usd. Further rising wave structure is expected.

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