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Market Commentary:
1.This is a weekly TF analysis and seems one more high to 2200$ possible for the wave (5) to complete.
2. Currently we are in the intermediate wave iv) as i shown and that could be a running flat or expanded or a triangle also.
3. So in that wave iv) we are in the short term down trend to 1800 is possible in my view.
4. So i am trading according to that in sell as well as BUY if it comes near 1800.
5. The wave (5) seems like an diagonal pattern and each wave got 3 waves inside for wave i) to wave v).
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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