Howdy folks! This is low probability (so far) scenario in which WTI is undergoing (short term) a correction (A,B,C). C, could coincide with 0,5-0,618 fib of W1 up (impulse that broke out of the wedge) and thus form W2 with W3 attaining ~ $57. It will be of utter importance to see the reaction @ upper 52's (and probably a good area to scalp on the long side). I will update this based on pa. Good luck and remember - never follow anyone blindly, as we all are prone to mistakes.
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Moved from Low Probability to Medium. Be on the lookout for a squeeze though on the long side.