LONG Buy with stop @2,935 and target @3,400

Despite the news the last week move has a corrective structure, definitely not a motive wave. Buy in with 3,400 target where a new down trend will start.

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Grinding up, but looks heavy. It may turn around at 3150-3160 and go all way down towards 2935 in order to start a proper wave to 3,400 from there. WTI seems to be in corrective pattern as well. So don't be surprised it it start to fall sharply.