This is in continuation of our ongoing tracking of POL wave structure.
POL is currently in C or 3 which will target the 620-623 or 680 level. Our preferred wave count is C and we will target the 620 level. If our wave count is correct then prices will decline to our buy zone of 588-567 range as wave 4.
Alternately prices will never go to our buy zone and will reach the 620 - 623 level directly making this trade setup as void.
We will buy in portions at 588 > 580 > 576 level
Trade setup:
Entry price: 588 - 567
Stop loss: 547
Targets: 620 - 623
Let see how this plays, Good Luck!
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
POL is currently in C or 3 which will target the 620-623 or 680 level. Our preferred wave count is C and we will target the 620 level. If our wave count is correct then prices will decline to our buy zone of 588-567 range as wave 4.
Alternately prices will never go to our buy zone and will reach the 620 - 623 level directly making this trade setup as void.
We will buy in portions at 588 > 580 > 576 level
Trade setup:
Entry price: 588 - 567
Stop loss: 547
Targets: 620 - 623
Let see how this plays, Good Luck!
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
Nota
Prices dipped into the buy zone below 588 and closed upwards, unfortunately our trade did not get activated.There is a possibility that the prices might go down deep into our buy zone giving us a chance to activate our trade. Alternately prices will go towards our target directly.
Pesanan dibatalkan
Price is rising steadily which mean it will reach our mentioned target area and we will not get a chance to capitalize on this trade anymore, therefore this trade setup stands cancel.
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.