#WTI Update 1H

Last week, the price performed exceptionally well against the outlook.
The price formed (W)(X)(Y) with a distinct triangle in wave (Y) and rallied strongly.
This occurred when the majority of other analysts, both technical and fundamental, became bearish, casting doubt on us as well.
However, our Elliottwave technique proved to be superior at that point.
We expect the price to continue rising for another week. Wave B, as shown on the chart, is expected to be shallow and must not cross the trendline as indicated on the chart.