The price is in correction, the probability of growth is maintained.
On the daily chart, wave C of the higher level continues to develop, which includes the construction of the third wave (3) of C. At the moment, the third wave of the lower level 3 of (3) has formed and a local correction has completed as the fourth wave 4 of (3). If the assumption is correct, the price will rise to the area of 210.00–220.00. The level of 175.82 is critical and stop-loss for this scenario.
Main scenario
Long positions are relevant above the level of 175.82 with targets at 210.00–220.00. Implementation time: 7 days and more.
Alternative scenario
Breakdown and consolidation of the price below the level 175.82 will allow the trading instrument to continue its downward dynamics to the area of 154.70–143.70.
Penafian: Pandangan yang dinyatakan adalah semata-mata dari pengarang dan tidak mewakili kedudukan rasmi Followme. Followme tidak bertanggungjawab ke atas ketepatan, kesempurnaan, atau kebolehpercayaan maklumat yang diberikan dan tidak bertanggungjawab untuk sebarang tindakan yang diambil berdasarkan kandungan, melainkan dinyatakan secara bertulis secara jelas.
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