USOIL-Wave (X) or (b) looking for a Running or Expanded flat.
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Market Commentary:
1. In my previous trade plan i thought it will go to 107 for wave (X) or (b). But it failed and broke the previous low 76.2 and bounced.
2. Now again i am expecting to reach 89 as a running flat or 96 as a expanded flat.
3. I am expecting a bullish price action but i am not in BUY SIDE so for.
4. If you need to trade expecting this to reach 89 have to enter here(79.5) and making the previous low 75.25 as a STOP.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't 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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