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NeverNO

WTI - Over 5000 P

U.S. DOLLAR / WTI CRUDE OIL (FX_IDC:USDWTI)  
NeverNO Updated   
FX_IDC:USDWTI   U.S. DOLLAR / WTI CRUDE OIL
Trend Analysis
14
12
trendanalysis
According to this scenario, April should bring some recovery, but I expect an annual low until August, which could lead to $ 12.37.
If this view is confirmed, you can go long in early August and wait until 62.67, which would bring over 5000 points profit.
Comment:
19.47 has not yet been reached. As soon as this level is taken, a temporary recovery should start, which should find its destination at 33.25 in June.
So, about 1370 P profit.
snapshot
Comment:
My Chart from Jun 5, 2019
WTI CYCLES lasting 7 years
Comment:
H4 must close above 21.63, then all 3 upper goals would be possible.
snapshot
Comment:
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