Possible Wave 4 Scenario

Possible wave 4 in progress scenario . MACD confirm a decline in up momentum and on Feb 9 the price broke down the previous daily englufing candle with high selling volume .

Wave minimum level is 20255.65 and max value 19311.80 .

Invalidation :

Wave 4 should not make a daily close below the 61.8% retracement of wave 3.

Wave 4 should not retrace below wave 2 low

If price breaks up the 23452 level before reaching the min wave 4 target level

Please do your own analysis before trading .

Good LUck

Dagangan ditutup secara manual:

invalid scenario