As you see the chart above, I've counted the waves of SXP chart.
I think wave 1 and 2 from a larger degree is finished and the chart has started wave 3.
Within wave 3, wave 1 has been terminated and now it's in wave 2 which is a corrective one.
Due to Fibonacci ratios, I think wave 2 can be terminated in the area I've specified (61.8 ratios)
Pay attention, after that wave 3 will begin which is a powerful wave in the direction of a trend.
As always, Do Not Lag Behind! :)
I think wave 1 and 2 from a larger degree is finished and the chart has started wave 3.
Within wave 3, wave 1 has been terminated and now it's in wave 2 which is a corrective one.
Due to Fibonacci ratios, I think wave 2 can be terminated in the area I've specified (61.8 ratios)
Pay attention, after that wave 3 will begin which is a powerful wave in the direction of a trend.
As always, Do Not Lag Behind! :)
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.