First target is the bottom of channel. Final target is lower low but this may not happen. Enter now @ 1.0915, SL @ 1.104.
Published for record keeping purposes. It possible for wti to make a higher low following rejection at the lower green arrow only to break upwards around late april.
Monthly candles show that we have finally broken the 2 years of consolidation following the fall from late 2013 to early 2014. Should the trend persist, we will not only break parity but possibly drop to 0.9s. The EMAs presented here represent 6, 12 and 24 months average.