USOIL-Looking again for (X) or (4) to above 90$
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Market Commentary:
1. Looking for a sharp bounce in 5 wave structure to the mentioned zone above 90.
2. From the last month itself i am looking for a bounce but it failed now i got a huge target with nice RR.
3. Invalidation is the low it made that is 70.3 for the target above 90 as i shown here.
4. Currently we are in the wave X) or (4) as shown in the chart in irregular flat pattern called as RUNNING FLAT.
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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