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Market Commentary:
1. I am looking for a 5 wave corrective structure in a WXY correction for the previous bearish trend.
2. This is a Flat correction so it can retrace the previous impulse bearish wave to 90% also in a bigger TREND.
3. Currently i am expecting another 3 wave s in a shorter trend bullish price action as i shown here.
4. The wave X) as a irregular flat as a connecting wave for the shorter term bullish.
5. So my target for wave Y in either 3 waves to 28.8 or ending diagonal to the TP.
6. Once the TP reached i am looking for a short with the high 30.10 as stop for the TP below 16$
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
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
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