Kupitman

WTI initiated multi-month correction towards $22

Short
OANDA:WTICOUSD   West Texas Oil
Yesterday it reached 50% retracement level.
Last 6 day move formed 5 wave structure (see lower level breakdown below) which is the final wave 5 of the extremely extended move.
Invalidation level $39
Near term target: $35, then $32 and $28-$29 area

4h breakdoan

1h breakdown
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