WTI Spot USOIL: still waiting for pull-back to 48.54 at least

WTI Spot:USOIL Still patiently waiting for WTI to come back to 48.54 at least and at lowest to 48.26 before getting long again, looking for rally to 50.09-50.18 - Far East originated impulse wave from 10pm Eastern last night. We could see the same tonight looking at the chart

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So maybe that should read middle-eastern buying, not far-east....