FCPO. Currently within the range of a bull trap.

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We observed a price rally that surpassed the extreme swing high of Wave 3. However, at this point, we are only seeing a three-wave advance from the low of Wave 4. It is premature to conclude that Wave 4 has bottomed.

To manage our expectations and account for both scenarios, it remains possible that Wave 4 has not yet reached its bottom.

The alternate count (in purple) suggests the probability of a bull trap being in play.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.