meszaros
Short

Drop before the big jump...

OANDA:WTICOUSD   West Texas Oil
Drop before the big jump. WTICOUSD is moving in a three wave structure with decreasing trend. It is currently building the correction structure of the second downward wave. Small ATR at slow speed. Starting from the 66 usd level, the construction of the last decreasing wave structure begins. Its target price is around 60-61 USD. At a larger time interval, it is clearer that it is possible to build a sustained long-term increase, the target price of which is 90 usd levels.
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