Possibility of Elliott Wave (12345) completion
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4hr TMFRM
-Up Trend
-Bounced on PP: 1.33206
-Bounce on Bullish Trend-line
1hr TMFRM
-Bounced on Bullish Trend-line
-Bounced on Fib 0.618
-Incomplete Elliott Wave (12345)
Notes
*According to the Elliott Wave(12345) principle, if the first wave and the third wave is of the equal length then the fifth wave is a surge
-We are expecting the price to push up if it passes the first resistance zone
-Price might go to Medium Wave completion which is the Resistance zone with Fib Ext 1.618
-If price passes Medium Wave completion theres a possibility that wave can be complete at the Strong Wave completion Zone as theres confluence on that Resistance Zone
-Up Trend
-Bounced on PP: 1.33206
-Bounce on Bullish Trend-line
1hr TMFRM
-Bounced on Bullish Trend-line
-Bounced on Fib 0.618
-Incomplete Elliott Wave (12345)
Notes
*According to the Elliott Wave(12345) principle, if the first wave and the third wave is of the equal length then the fifth wave is a surge
-We are expecting the price to push up if it passes the first resistance zone
-Price might go to Medium Wave completion which is the Resistance zone with Fib Ext 1.618
-If price passes Medium Wave completion theres a possibility that wave can be complete at the Strong Wave completion Zone as theres confluence on that Resistance Zone
Dagangan aktif
-First Target Reach -Medium Wave Completion Broken
-Price towards Strong Wave Completion before it can correct
Dagangan ditutup: sasaran tercapai
-Second Target Reached-Strong Wave Completion reached
-Elliott Wave (12345) completed
-possible ABC wave correction
Penafian
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