WTI OIL - Targeting 122-125

We´ve been in a complex correction since March, but I´m keeping the same count as in my previous post.

There is a confluence of FIB levels in the 122-125 range:

- 161.8% extension from green w-x
- 100% extension from blue A-B
- 123.6% light blue A-B
- strong green resistance at 125

It is very common to have these confluence levels serving as price magnets.

While above 109.22, I´ll be looking for LONG trades.