[EW] ASX:BAP targets 1.74 short-term

Updated
Upcoming downleg will complete wave (v) of [c] to finish off a correction. Even if it combos there is upside regardless if you catch the end of this correction correctly.

Buy region is ~6.17 - ~6.84, but watch for clear rejection of 6.36 (0.618 of previous impulse). Also note the deep retracement of this (iv), may result in truncated (v). Count internal waves on (v).

NFA DYOR
Note
If price crosses 7.87, wave (iv) was in that choppy movement, dip potential probably invalidated. Unless this advance is wave (ii) somehow.
618Elliott WaveEWfibFibonacciwaveswavetheory

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