The price had rejecting our poi with a strong H1 & H4 bullish engulfing candle.
Upon re-analysing the value of poi, we updated the wave wxy abc into wave 1-2 accordingly. As the wave 3 could be a normal extension, we shouldn't deny any possibilities of it being a zig zag.
To safehold our position, the short position in earlier M15 analysis should be deleted and modify the Long TP to 2080.
HTF : Uptrend
LTF : Uptrend
Long 2024-2025 *triggered
SL 2022
TP 2061 modify to 2080
Short 2061 modify to 2080
SL 2092
TP 1938
*This sharing of analysis shall not be treated as a financial advice. Trade at your own risk.*
Upon re-analysing the value of poi, we updated the wave wxy abc into wave 1-2 accordingly. As the wave 3 could be a normal extension, we shouldn't deny any possibilities of it being a zig zag.
To safehold our position, the short position in earlier M15 analysis should be deleted and modify the Long TP to 2080.
HTF : Uptrend
LTF : Uptrend
Long 2024-2025 *triggered
SL 2022
TP 2061 modify to 2080
Short 2061 modify to 2080
SL 2092
TP 1938
*This sharing of analysis shall not be treated as a financial advice. Trade at your own risk.*
