SolomonsView

#OIL #CRUDEOIL Corrective may be complete

Short
MCX:CRUDEOIL1!   CRUDE OIL FUTURES
The previous suggested trade triggered the Stop. The subsequent action still fits into a correction and so we should still look forward to strong action to the downside. This will be a final wave down and is usually sharp . Look for a move that should take the issue down by about 20%. The earlier projections will now change as this now looks like a Flat correction and may not head down to the previous targets. New targets are still way down
Trade closed manually: Entry 3033
Exit at current price 3133
Michael @ SolomonsView

Twitter - @SolomonsView

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