Long

OPCOM FORECAST DIRECTION

In this analysis, I found out that the price already break the structure and we can see very strong bullish momentum. So, I'm just waiting the price to pullback in order to complete Wave 4 EW structure and entry area at 0.382 Fibonacci level. For now we just wait the price either to break above resistance in red zone area or retrace to previous breakout zone in green zone area.
Trend Analysis

Related publications

Disclaimer