USOIL showing perfect reverse H & S target of 46 to 48 in two months.. stop loss at 28.5
But for this week.. 35 to 36 is possible and keep stop loss as 28.5... andstop loss need to tight 1%...to manage your risk and save your capital
Note:
Elliot wave experts are calling for wave 2 (61.8% retracement from high).which may retest even 18 to 19. and hence stop loss need to tight 1%...to manage your risk and save your capital
But for this week.. 35 to 36 is possible and keep stop loss as 28.5... andstop loss need to tight 1%...to manage your risk and save your capital
Note:
Elliot wave experts are calling for wave 2 (61.8% retracement from high).which may retest even 18 to 19. and hence stop loss need to tight 1%...to manage your risk and save your capital