OIL TRADE - READY TO BUY AT $110 PULL BACK!
OIL TRADE->
I am counting a nice 5 waves up, the wave 4 pulled back to 38%, the A wave did the 61% of wave 5 so far.. looking for a 1 to 1 projection of the C wave which matches a 50% retracement of the entire structure.... Therefore, TP to enter long is $110!
The NEXT wave 3 is going to be absolute firework parabolic MAYHEM o.0 I'm PROJECTING 185 to 200, EASY!!!!
70% to 80% reward in quick time sounds like a no-brainer in comparison to risk/reward to me. (Unfortunately, your stop loss would need to be around $98..)
DYOR, GOOD LUCK!
I am counting a nice 5 waves up, the wave 4 pulled back to 38%, the A wave did the 61% of wave 5 so far.. looking for a 1 to 1 projection of the C wave which matches a 50% retracement of the entire structure.... Therefore, TP to enter long is $110!
The NEXT wave 3 is going to be absolute firework parabolic MAYHEM o.0 I'm PROJECTING 185 to 200, EASY!!!!
70% to 80% reward in quick time sounds like a no-brainer in comparison to risk/reward to me. (Unfortunately, your stop loss would need to be around $98..)
DYOR, GOOD LUCK!
Nota
Here is an update of the correction so far,, , Nota
Here is the update, hit the 1 to 1 now... has to reverse here.Nota
Seems like I got the count wrong as we seem to have broken out, I have corrected my count as it looks like we were in fact consolidating in a wave 4 of larger wave 3. We should therefore head our way to 150 if this is indeed correct... Updasted chart: 
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