NastyBeer

WTI: What goes up must come down

BLACKBULL:WTI   WTI Light Crude Oil
Lets keep it simple:

We've got a complete cycle hitting 16.236 fib (orange count)

We've got complete subwaves hitting their targets w3 (4.236) and w5 (8.236)

We've are about to confirm a break of trend

Whats next?

Expecting to test $72-$76 area either directly (1.618 fib) or after dancing the broken trendline upwards (from here 1.272) for a while but not crossing it and ideally dying when reaching 0.618/0.5 fib ($103.7 / $107.13)

Hold my beer pls

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No financial advice, do your own research, don't be stupid

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