FCPO 11.07.2018
Preferred Count: Continue bearish after retracement
1. Lower to complete wave 5.
2. Interesting level around 2300 area for pull back projection.
3. Key level = 2348 must hold for this preferred count.
Alternate Count: Wave 5 of C of E completed and bottomed.
1. Wave 5 of C of E (refer to daily chart) has completed as the chart is telling us, we can see a clear 5 sub-wave structure for wave 5 in the daily chart (starting point of wave 5 = 2498).
2. As we can see, the last leg, wave 5 of 5 has met the requirement i.5 sub wave ii. reach wave 3 low.
3. Daily chart analysis.
- 1) Price action is showing that buyer won the yesterday trading session.
- 2) The highest trading volume in this wave cycle.
- 3) Decreasing in momentum.
- 4) Divergence between momentum peak for sub wave and also in one degree higher wave.
4. Key level = 2348, alt become preferred if key level breach.
Preferred Count: Continue bearish after retracement
1. Lower to complete wave 5.
2. Interesting level around 2300 area for pull back projection.
3. Key level = 2348 must hold for this preferred count.
Alternate Count: Wave 5 of C of E completed and bottomed.
1. Wave 5 of C of E (refer to daily chart) has completed as the chart is telling us, we can see a clear 5 sub-wave structure for wave 5 in the daily chart (starting point of wave 5 = 2498).
2. As we can see, the last leg, wave 5 of 5 has met the requirement i.5 sub wave ii. reach wave 3 low.
3. Daily chart analysis.
- 1) Price action is showing that buyer won the yesterday trading session.
- 2) The highest trading volume in this wave cycle.
- 3) Decreasing in momentum.
- 4) Divergence between momentum peak for sub wave and also in one degree higher wave.
4. Key level = 2348, alt become preferred if key level breach.
노트
Continue lower to finish wave 5
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.