USOIL: Target 90 in 5 waves as "C" after completion of wave b).
#OPINIONLEADER# #ElliottWaves# #CrudeOil# #Commodities# #ForexEducation#
Market Commentary:
1. Wave a) is a leading diagonal and all the waves got 3 waves inside.
2. Now I am looking for wave b) to complete in the running flat correction and will reach 78.5 again.
3. Once the completion of wave b) I am looking for the previous target 90 a per previous analysis.
4. I am expecting the wave c) will complete soon to 90 in 5 waves structure.
5. Stop you can place @ 76.8.(if it is a running flat it wont hit the stop). But if it is a expanded it will hit.
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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