Primary Wave Count: The chart indicates we are in Wave 3 of a larger impulsive structure, with a potential pullback forming Wave 4 before the final push to complete Wave 5.
Key Levels: Wave 4's main support zone aligns with the 2412–2471 range, where buyers are likely to step in for the next upward leg.
Invalidation Point: The ongoing 4th corrective wave would be invalidated if prices rise above the 2721 level, indicating the structure is transitioning into an alternative wave scenario.
Wave 5 Target: Wave 5 is projected to extend towards the 2935-3000 region, completing the current cycle with a likely divergence in momentum indicators.
Momentum Confirmation: RSI divergence at Wave 3’s peak supports the corrective pullback scenario, while maintaining bullish momentum for the final impulsive wave.
Key Levels: Wave 4's main support zone aligns with the 2412–2471 range, where buyers are likely to step in for the next upward leg.
Invalidation Point: The ongoing 4th corrective wave would be invalidated if prices rise above the 2721 level, indicating the structure is transitioning into an alternative wave scenario.
Wave 5 Target: Wave 5 is projected to extend towards the 2935-3000 region, completing the current cycle with a likely divergence in momentum indicators.
Momentum Confirmation: RSI divergence at Wave 3’s peak supports the corrective pullback scenario, while maintaining bullish momentum for the final impulsive wave.
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.