Key Level: 2303
We can clearly see movement of price in a motive manner.
Breaching 2 important level, 1) Correction Channel and 2) 2197 level, add support the idea that wave 4 has already topped at 2303.
Breaking below 2197 has cancel the 5 structure uptrend movement for wave C of Y, hence limiting the movement to 3 structure wave = correction wave.
2303 serve and act as our key level/critical level for this analysis, should wave (iv) completed and wave (v) is unfold, price has no business to go above our key level.
Expecting a rebound in price and follow by a strong movement of wave 3 to the downside.
Wave 3 is coming!
We can clearly see movement of price in a motive manner.
Breaching 2 important level, 1) Correction Channel and 2) 2197 level, add support the idea that wave 4 has already topped at 2303.
Breaking below 2197 has cancel the 5 structure uptrend movement for wave C of Y, hence limiting the movement to 3 structure wave = correction wave.
2303 serve and act as our key level/critical level for this analysis, should wave (iv) completed and wave (v) is unfold, price has no business to go above our key level.
Expecting a rebound in price and follow by a strong movement of wave 3 to the downside.
Wave 3 is coming!
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.