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Brent oil - Cypher pattern with Leg D in progress

FX:UKOIL   Crude Oil (Brent)
I have plotted a Cypher pattern from post-Doha Debacle low. Leg D appears to have been set in motion, but I would love to see prices break below $48.34 (50% of May 2015 high - Jan 2015 low) as that would add credence to the possible drop to Leg D of Cypher seen at $42.75

Bullish move would gather pace again only if prices see a day end closing above $50.83.
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