WTI is at an interesting tech point this morning; c=a and the reverse head and shoulders neckline.
In the first case look for resistance and possible reversal, in the second a break to the upside through resist.

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The head and shoulders neckline break measuring rule targets 102.10 on the above chart.
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Of course the daily chart is also setting up it's own head and shoulders formation ( I give more tech weight to this one).
It is possible to count -5- sub waves down off the highs on this chart for a wave1complete. Wave 2 can deeply retrace the 1, so looking for short term upside with a sharp eye for potential 2 wave completion and another leg  (at least) down. A break of the downside neckline targets 86.00....


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