FCPO Daily Chart
Key Level : 2344, 1940
Price rising from 1940 - 2344 in motive 5 wave structure add support to the idea of wave C of E in weekly chart triangle is completed
(Scenario #1)
Expecting a 3 structure movement in corrective fashion to complete correction wave (ii)
from my personal opinion, i would like to see the end of wave (ii) at the area of 2093 - 2026
(Scenario #2)
Most probably wave (ii) is already in place if price move upward and break above 2344 key level
Lets see what the market will offer us today
Happy trading
Key Level : 2344, 1940
Price rising from 1940 - 2344 in motive 5 wave structure add support to the idea of wave C of E in weekly chart triangle is completed
(Scenario #1)
Expecting a 3 structure movement in corrective fashion to complete correction wave (ii)
from my personal opinion, i would like to see the end of wave (ii) at the area of 2093 - 2026
(Scenario #2)
Most probably wave (ii) is already in place if price move upward and break above 2344 key level
Lets see what the market will offer us today
Happy trading
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FCPO EW Hourly chart analysis