WTI A STRONG CASE FOR BULL PHASE TO 55
Updated
Well for sometime I been waiting for a final washout in wti into my two targets 1st was 49.58 we saw that and rallied to 54.5 in a 3 wave rally then we formed a triangle for a 4 wave or a alt is that todays low at 47.26 is a wave B low both wave counts now point to a sharp rally as the alt downside was in a window of 47 60 to 45.98 therefore I am long today at 47.55 fill and missed a fill at 47.26 look for the rally to take a 5 wave up to 55 to confirm we must break above 48.65 todays dsi is 5
Note
PLACE A SELL STOP AT 47.40 AS OF 1.40 PMNote
I am stopped out at 47.40 now will look to see what happens now at 45.90 area if this does NOT HOLD THEN WE COULD SEE A PANIC IN OIL TO 37.90 IF SO WATCH THE BANK SECTOR BREAK NEXT
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