DavidValle

Consolidating and then lower yet.

Short
OANDA:WTICOUSD   West Texas Oil
The previous analysis on OANDA:WTICOUSD 1.00% is not ruled out yet. Wave (ii) turned out to be longer but a substancial third wave decline might be underway.

A solid break below trendline support would offer more confidence to this count.

The trenline resistance should remain intact.

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