Key level = 2193
Critical level = 2095
A very sharp movement today on afternoon trading session toward 2177 area is a good sign that wave (2) already in place. Looking for an impulsive 5 structure movement toward 2235-2260 area to strengthen the idea that wave (3) is unfold. If wave (3) already started, price has no business under 2193 area.
By following Elliott Wave rule #1 “Wave 2 cannot retrace more than 100% of wave 1”, our key level for this analysis is at 2193 and critical level is set at 2095. Key level must hold for this intermediate wave forecast and critical level must hold for a higher degree validity.
Breaking below critical level @ 2095 will cancel this wave analysis.
Brace yourself and keep focus, wave 3 is coming!
Let’s hope for the best!. Hanya Allah yang memberi.
Happy trading.
Critical level = 2095
A very sharp movement today on afternoon trading session toward 2177 area is a good sign that wave (2) already in place. Looking for an impulsive 5 structure movement toward 2235-2260 area to strengthen the idea that wave (3) is unfold. If wave (3) already started, price has no business under 2193 area.
By following Elliott Wave rule #1 “Wave 2 cannot retrace more than 100% of wave 1”, our key level for this analysis is at 2193 and critical level is set at 2095. Key level must hold for this intermediate wave forecast and critical level must hold for a higher degree validity.
Breaking below critical level @ 2095 will cancel this wave analysis.
Brace yourself and keep focus, wave 3 is coming!
Let’s hope for the best!. Hanya Allah yang memberi.
Happy trading.