Wednesday, August 22, 2012

Crudeoil revised Wave count

In the last report we have  anticipated dn fall  some before  in aniticipaton of pattern will unfold in double corection but crude pattern unfolded in triple corection w x y x z   but our entery level did not get trigerd, as price did not hited our long traling stoploss (grey dot),very safe to act on grey dot when you r going to revrese trading

now pattern has more clear peacture..prcie is on 1.618 % area of first up swing, as price percentage wise 7/8 area 5468 is near term target,
its good to long exit in crude now and wait for confirm reversal signal ,