zhipengcfel
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Oil is in a zigzag retrace

NYMEX:CL1!   轻质原油期货
Oil has finsihed five rising waves at 41.9 which is 0.618 position of last down waves.
It starts retracing back currently. From the structure of the wave A down, it will be a zigzag retrace which might retrace 50% or 61.8% of last rising wave.

Trading suggestions:
Wait the wave B up and go short when it retraces to 37.9~38.5 with SL at 39
TP1: 36.4
TP2: 34.8

Good luck for everyone! Comments and suggestions are welcome!
Good work done....... I like that
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zhipengcfel sanjay.prajapat.311
Thanks.
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Thanks,
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You are welcome! Good luck!
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