meszaros
Long

WTICOUSD rates accelerate upward movement...

OANDA:WTICOUSD   West Texas Oil
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WTICOUSD rates accelerate upward movement. The exchange rate entered the second stage of the exponential course. At this stage, a strong upward momentum can move the exchange rate. If the assumption is correct, then the exchange rate may reach 58.5 USD. I note that not only the upward section is increasing in this range, but the amplitude of the downward correction candle. So you can expect a downward spike for up to two to three days. But in my strategy this would not be a permanent turn signal. But after reaching 58 us, the situation is more interesting. From here, we expect a correction of around 23% up to USD 46.
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