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aminsyakur666
Dec 20, 2021 4:07 AM

IDX COMPOSITE FORECAST FOR NEXT 4 WEEK  Short

IDX Composite IndexIDX

Description

This is my wave analysis for IDX COMPOSITE, as I mentioned before IDX COMPOSITE have a potential bearish from weekly chart for next 3 three month. Correction most likely will happen in Mid January. This is the detail from 1H timeframe
Comments
pandupratama7
RSI Divergence, Head n Shoulder pattern, Resistance. Seem like it would be bearish soon.
aminsyakur666
@pandupratama7, yess, bearish scenario has higher probability in this case. But of course, because the divergence is weekly, index still have a bull and sideways wave in smaller timeframe, it takes more time to confirm. But I'd say bearish will come anytime and soon, for a couple month in 2022.
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