Conclusion: Wave iii))-green is continuing to move higher.
Key Points: Wave iii))-green is extending, and subdividing into wave i)-purple to wave iv)-purple. I am not sure if wave iv)-purple is finished, but it should not move lower than 115,720 (Invalidation Point: Wave 4 should not overlap wave 1).
On the other hand, 118,050.11 acts as a key level that price needs to hold higher, to gain confidence, weight for this view.
©By Hua Chi Cuong (Shane), CEWA-M | Certified Elliott Wave Analyst - Master Level
Key Points: Wave iii))-green is extending, and subdividing into wave i)-purple to wave iv)-purple. I am not sure if wave iv)-purple is finished, but it should not move lower than 115,720 (Invalidation Point: Wave 4 should not overlap wave 1).
On the other hand, 118,050.11 acts as a key level that price needs to hold higher, to gain confidence, weight for this view.
©By Hua Chi Cuong (Shane), CEWA-M | Certified Elliott Wave Analyst - Master Level
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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.