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DonkeyTrades
Dec 14, 2014 5:45 PM

Buy Crude Oil For Wave 4 Correction To $70 Long

Crude Oil FuturesNYMEX

Description

Buy Crude Oil For Wave 4 Correction To $70
I Believe Wave 3 Is Exausted Time To Reverse Positions & Go Long
Comments
charlie.delta.trader
charlie.delta.trader
will be :)

moneymaking
Hey donkeytrades, how do you know that the wave 4 will form there? The market might go even lower and then form the wave 4. Just want to understand this strategy. Thanks for sharing as always!!

DonkeyTrades
by looking at lower time frame charts. i am unable to post it, due to i do not have intraday data on it, on here. if you look at a 1 hour you can clearly see the 5th wave completion of the third wave. waves 1 3 5 all unfold in 5 sub waves.......
moneymaking
Alright, thanks for the explanation. Good luck trading!!
DonkeyTrades
a little luck always helps
moneymaking
Yup, sure does!!
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