We see market completing waves 1, 2, 3. Two possible things may occur for this coming week:
1. Market may very produce a corrective pattern (ABC, ABCDE) and push to the upside
OR
2. Market may very well be finished with Wave 4 and is now looking to complete Wave 5 by pushing to the upside.
Overall the next target is a buy to 2200.000 as Wave 5 must close above Wave 3 to complete the Elliott Wave Pattern
1. Market may very produce a corrective pattern (ABC, ABCDE) and push to the upside
OR
2. Market may very well be finished with Wave 4 and is now looking to complete Wave 5 by pushing to the upside.
Overall the next target is a buy to 2200.000 as Wave 5 must close above Wave 3 to complete the Elliott Wave Pattern
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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.