traderpt2016
Long

oil wti long

FX:USOIL   Crude Oil (WTI)
817 2 11

reasons:
1. end of possible 5 wave structure
2. confluence with 1.618 and monthly pivot
3. completion of larger B wave to start C wave
Looks like good reasoning. I think there are some fundamentals that could possibly corroborate your position. Thanks for the chart.
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thanks
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