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4 MARCH 2019: FCPO Daily Chart Analysis

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FCPO Daily Chart

Key Level : 2344, 1940

Price rising from 1940 - 2344 in motive 5 wave structure add support to the idea of wave C of E in weekly chart triangle is completed

(Scenario #1)
Expecting a 3 structure movement in corrective fashion to complete correction wave (ii)
from my personal opinion, i would like to see the end of wave (ii) at the area of 2093 - 2026

(Scenario #2)
Most probably wave (ii) is already in place if price move upward and break above 2344 key level

Lets see what the market will offer us today

Happy trading

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