It is possible that Wave (ii) already ended at 3.781. If Wave (ii) already complete, then we are expecting a higher movement for Wave (iii). Key level that we are going to monitor is 3.781 and 4.385. Price movement below 3.781 level will tell us that Wave (ii) still in play and a movement above 4.385 will strengthen the idea that wave (ii) is completed and early development of Wave (iii) is in progress. 3.536 remain as our invalidation level for larger wave degree. – Pengiran.
Trade closed: target reached
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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.