USOIL Still chances for making a irregular flat in wave 4) to 59 $ and below for running or 57.28 below as expanded flat.

08 Jun 2021, 21:42 · Views 492

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USOIL Still chances for making a irregular flat in wave 4) to 59 $ and below for running or 57.28 below as expanded flat.

MARKET COMMENTARY:

1. I had presented already in previous trade plan may be 5) wave started for the target 75$ and above

2. Still now holding that 70$ as a resistance as per previous plan...so may chance for irregular flat still ahead.

3. If the wave 4) ended @ 57.28 there is a chance for the wave 5) already started...but in my view, and correlated to USDCAD...there is a chance for making a irregular flat here for wave iv) as i shown.

4. I strictly advice only if it reached 57.28 near by for a running flat if it didnt breaks that or if it breaks consider as a expanded flat.

5. Only need to watch the wave formation and rejection in that zone max 71$ as a resistance...

6. So only BUY if it comes to near 58-59$ after watching the wave formation if it is a irregular pattern....

DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS

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