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wsbza
Oct 12, 2016 10:36 AM

Downside Potential  

Crude Oil (WTI)FXCM

Description

Price made a (a)-(b)-(c) three-wave rally from the August low of $39.17 to $48.97, I am inclined to think the entire rally so far could be a larger degree B wave (double zigzag), we may see a C wave decline very soon

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bearish count

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Comments
tst
same view. Higher time frame im looking at the move to 38/39 being a C wave of a flat.
wsbza
nice chart
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