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MARKET COMMENTARY:
1. As i expected in the previous trade plan to 76.5 for wave v) of 5) it reached to 76.95 and fell down in 5 waves to 70.75 for wave a) or i)
2. Now ia m expecting a 3 wave structure for the pervious 5 wave structure for ii) or b) to 74.8 and again impulse to downside may be iii) or C) to 66.8.
3. I am expecting a bigger correction for the previous 5 waves in higher TF 0-76.95 minimum 38.2 fib retracement nearly to 48-47$ and will took more than 6 months to reach 47-48$.
4. Stop has to place @ 77$ for this pattern for complex correction for the previous 5 waves.
DISCLAIMER : All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
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