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raj3elite raj3elite USOIL, D, Long ,
200 4 7
USOIL Breakout Strong Resistance - Long

USOIL looking out to break the strong resistance of 51.65 level. Once if the price break the 51.65 level the further uptrend may come upto 61.15 level. It's a short term recommendation. Trade: Buy above = 51.70 Target 1 = 56.60 Target 2 = 61.05 Stop Loss = 45.00 Total Reward Points = 9.35 Risk Points = 6.7

DineshKrishna DineshKrishna CL1!, W, Long ,
105 1 1
CL1!, W Long
Crude oil - In depth Elliott wave analysis

Greetings oil traders, As you can see from the chart which is in weekly time frame, the move (INTERIM rally) is just a correction for the down trend; say for the super cycle wave (Y) Therefore, we sure say that the current move is merely a retracement for the Super cycle wave (Y) and the initial move (X) has been stagnated ...

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