WTIUSD correction takes longer.
Continuing the previous analysis, the correction movement forecast needs to be modified. The long-term uptrend has not changed, but the decline on Friday last week predicts a further fall. My assumption is that the correction persists up to the lower ATR axis (white dotted line). You can turn north again by touching this axis. This level can be 55.67usd. However, due to the increased correction distance, as the ATR also increased in the meantime, the target price will also increase. Therefore, the rise after the correction motion is completed increases from 67usd to 72usd. So at the new target price: 72,062usd.
