FCPO - Correction in progress
Trend : Uptrend
Current Wave : Wave 1 to Wave 2
Note: If the counting is right, the minor wave is currently moves toward Wave C to complete Wave 2. I am sure the Wave C is not yet finished. Thus we need to wait until we see a reversal structure to confirm the completion of Wave 2. At this moment the corrective wave structure forming just a simple ABC. If the correction wave become complex, we may see a combination of correction wave pattern (3-3-3 or 3-3-5 or 3-5-3). Just sit back and relax.
This is only my point of view. Not a recommendation to buy or sell.
Just sharing the idea only.
TAYOR
Current Wave : Wave 1 to Wave 2
Note: If the counting is right, the minor wave is currently moves toward Wave C to complete Wave 2. I am sure the Wave C is not yet finished. Thus we need to wait until we see a reversal structure to confirm the completion of Wave 2. At this moment the corrective wave structure forming just a simple ABC. If the correction wave become complex, we may see a combination of correction wave pattern (3-3-3 or 3-3-5 or 3-5-3). Just sit back and relax.
This is only my point of view. Not a recommendation to buy or sell.
Just sharing the idea only.
TAYOR
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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.