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Market Commentary:
1. Currently we are in the wave (Y) as i shown and my target is near to 79$.
2. For me its looking like a irregular flat pattern. If it is a expanded flat it will break the high 83.5.
3, So first target is for me is 79$ and we have to watch or trail to reach the 2 nd TP above 83.5.
4. In the (Y) wave we are in the (C) wave. Here wave (b) is looking like expanded triangle.
5. It will bounce from here or may be touch the trendline to 65.5 and then bounce.
6. Invalid and Stop for this pattern is the low it made 63.5.
7. Mind that, if it reach 75$ also valid to complete the pattern so be cautious after 75$.
DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't 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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