© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M
The broader context shows that wave 4-red has concluded, and wave 5-red is opening up to push higher.
The short-term outlook indicates that wave (ii)-purple seems to have just completed, and wave (iii)-purple is now opening up to push higher. The probability of this forecast is not the highest, as the first wave rarely appears as an Expanding Diagonal. Therefore, I want to see the price rise above the high of 63450.00 once again to reinforce the bullish outlook for a much higher move.
Invalidation point: 60187.12
The broader context shows that wave 4-red has concluded, and wave 5-red is opening up to push higher.
The short-term outlook indicates that wave (ii)-purple seems to have just completed, and wave (iii)-purple is now opening up to push higher. The probability of this forecast is not the highest, as the first wave rarely appears as an Expanding Diagonal. Therefore, I want to see the price rise above the high of 63450.00 once again to reinforce the bullish outlook for a much higher move.
Invalidation point: 60187.12
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.