Description
⋅ The wave 4 correction is in progress and will be completed soon in this week. Target for the wave 5 is 53.50. Always use SL to manage the risk.
Trade active
⋅ CORRECTION: BUY at 48.25, SL-48.20 (NOT the numbers shown in the chart).
Comment
⋅ I will have to go back to my original idea. BUY UsOil @ 48.50.
Comment
⋅ It looks like the bottom is in place. Pay attention on 50.25 area for buying next week.