One more up swing in the current primary cycle. The green scenario is ABCDE or correction pattern, that tends to be shallow but takes longer time to complete. On the other hand the red scenario is ABC or WXY correction pattern, these patterns tend to be sharp but shorter than triangle pattern. Invalidation point of this bullish analysis if IDX < 6134.8818. The...
IDX Composite (IHSG) seems to continue it's bullish rally as descending broadening wedge pattern appear with bullish divergence as a momentum. This analysis can be your consideration as your trade decision to buy on weakness on certain stock that highly correlated possitively with this market
JKSE would still maintain their bullish bias as a bullish flag pattern appear 'till it hit the objective target as AB = CD pattern. Buy on break should be your consideration or just try to seek an inside bar to entry. Invalidation start if only the price goes down and close below 579x
