USOIL: Expecting a bullish to 90 and later 95 above
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Market Commentary:
1. I am looking for a 5 wave structure as I shown in the chart.
2. We are in a correction for the previous positional swing in the bearish trend.
3. There is chance for a triangle too if it not break 95.1. So I split our Targets
as First @ 90 and 2nd above 95.
4. Invalidation and STOP for this pattern is the low it made @ 72.
5. You can enter above 79 and if it comes to 75 add one more position @ 75 as
shown in the chart.
6. For Both position you have to place a STOP as I mentioned.
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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