WTI Roadmap April 2017

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Yet again weak corrective move but should go up into the summer
Uwaga
Attacking the 55 wma
Uwaga
Really big fight around 55 wma
Uwaga
WTI held today, which is encouraging
Uwaga
Next 1 to 2 weeks critical for a reversal higher
Uwaga
Yet again, 55 wma
Uwaga
Quite a spike down
Uwaga
This broke down but lets see this week whether can recover above
Uwaga
So WTI was a fake breakdown and it strongly recovering now. The move up from 44 is a 5 wave one which means that there should be at least one more 5 wave leg after a pullback. So clearly WTI correction was somewhat stronger than thought but recovering now

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