WTICOUSD before 15% decrease. WTICOUSD has been falling below the 50% level of D1 ATR for several days. In my analysis, I assume that the graph moves south from the accumulation range. In this case, a double descending wave structure may form. Now we can see the construction of the second declining wave. In case my interpretation is correct, the target price of the decreasing motion is 33.49usd.
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He retested exactly the D1ATR50% level. From this level, I expect a strong south turn to the target price level shown in the figure.
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