USOIL: Wave C) is a wedge in 5 waves. Expecting a bounce to 90 !

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Market Commentary:

1. Here it seems one set of bigger 3 wave correction got completed and now i am expecting a bounce from the low 63.5.

2. Whether it may bounce from 68.5(yet to come) or will retest that 66.5 to complete wave X.

3. We didnt know whether wave "X" completed or it will making a complex correction to retest that 66.5.

4. STOP must placed below the low it made i.e., 63.5 and invalid for this pattern too. Target is 90 and above in 3 waves.

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