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Market Commentary:
1. We are in now a major support and looks like one a,b,c zigzag correction completed as i shown here.
2. Whether it will bounce for wave ii) or X) for the continuation bearish side or this is the end of the
correction and it will shoot to $50 ? Cant say...but if it correlates to UJ and GOLD may decline.
3. If it is a bullish then it will move aggressively not overlapping. If it overlapping then we can find out.
4. So allow to make the wave formation to make a conclusion not to trade here.
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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