AbhishekHSinghCMT
Long

OIL (QM1!)- Bottomed in 4th Wave at 46.57

NYMEX_MINI:QM1!   E-MINI LIGHT CRUDE OIL FUTURES
48 0 5
Let Oil             pull back in the range 47.20-47.40 with Stop slightly below 46.57 one can go long for targets 52.50-52.80 handle in the 5th Minor Wave from the Bottom@39.25 or wait for OIl             to Cross above 49.35- which will confirm that 5th Wave has started -then look out for targets 52.50-52.80 Handle.

Regards,
Abhishek H.Singh, CMT
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
+919833996865 | LinkedIn
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