Here we are trying to analyse the Elliot Wave for Pentamaster.
We combined with fibonacci projection to finetune the analysis and we found out that the current price is at the end of wave 5, with the assumption of wave 3 extension.
Also the green lines, show the target price based on Wyckoff Law Cause and Effect.
We combined with fibonacci projection to finetune the analysis and we found out that the current price is at the end of wave 5, with the assumption of wave 3 extension.
Also the green lines, show the target price based on Wyckoff Law Cause and Effect.
Note
so it has been concluded that it is wave 3 extension and it went up as high as Rm 5.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.