WTIUSD minor correction expected. My analysis assumes that the correction that has just begun will continue. The correction may decrease to the D1ATR50% level. Then I expect another rise. Target price: 66.35 usd
There are fundamental issues to support a push north too.
meszaros
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@Captain_Walker, Thanks. I agree with you. 1. Cold weather is raging in America. 2. The crown virus epidemic is slowly receding. 3. Saudi Arabia continues to not increase oil production, so increased oil consumption is not followed by production.