jameswongg

jameswongg

According to Elliott Wave Theory, wave 4 have completed and it seems like a strong wave 5 is brewing. It is higher high, higher low with Y1>Y2 and power up. I am projecting TP at Fibonacci 1.618 because T1<T2. My only concern is WHOG@3, which is the long green candlestick at the top. It might be a fake strong uptrend. In overall, I am quite positive in this...

jameswongg Updated 

HHHL Y1<Y2: strong uptrend fibo hit up, not hit down got power up strong Pat A formed at support if W&R up success TP @ 2.250 SL @ 1.220

jameswongg Updated 

HHHL Y1<Y2 + got power up strong uptrend WHOG @ 1 no reversal signal yet wait for W&R TP @ 20.4 SL @ 12.6

jameswongg

HHHL Y1<Y2 + got power up seems like retrace has completed wait for W&R TP @ 155.6 SL @ 95.5

jameswongg Updated 

HHHL Y1<Y2 + got power up fibo hit up, not hit down strong pattern A at support no W&R yet TP @ 11.22 SL @ 7.91

jameswongg Updated 

HHHL + strong uptrend Y1<Y2 got power up W&R criteria 1 if reversal up succeed TP @ 2.720 SL @ 2.005

jameswongg

HHHL Y1<Y2 + got power up strong uptrend 1T2<2T2 strong Pat A at support W&R success TP 1 @ 8.70 TP 2 @ 14.98 SL @ 5.14

jameswongg

long term Y1<Y2 + strong uptrend + got power up TP at least previous high short term T1<T2 strong Pat A at support wait for W&R TP 1.618% TP 1 @ 16.4 TP 2 @ 19.7 SL @ 11.6

jameswongg Updated 

long term HHHL + Y1T2 turned into T1<T2 TP 1 @ 31.13 TP 2 @ 40.35 SL @ 23.75

jameswongg Updated 

HHHL strong uptrend Y1<Y2 + GOT POWER UP X2 might not be real or completed since it is so short price might maintain sideway before going up W&R?? wait for breaking previous high if want to stay on the safe side TP @ 9.180 SL @ 5.305

jameswongg Updated 

HHHL Y1<Y2 + strong uptrend GOT power up T1<T2 TP @ fibo 1.618 W&R SUCCESS in ST support getting weaker TP @ 5.760 SL @ 3.695

jameswongg Updated 

scenario 1: HHHL + Y1> WHOG@3 real strong uptrend X2 is not completed yet minimum TP at previous high if make reversal up before power down line scenario 2: price falls below power down line, form boomerang since it is T1<T2 at downtrend loop

jameswongg Updated 

HHHL Y2 made higher high WHOG@2 at Y1 and most likely a WHOG@3 at Y2? support is getting stronger if reversal up success TP @ 1.400 SL @ 0.805

jameswongg Updated 

ST LLLH Y1>Y2 + no power down fibo hit down + hit up LT HHHL Y1<Y2 + got power up fibo hit up, no hit down it should make reversal up soon STAR STEP if W&R TP @ 31.11 SL @ 15.17

jameswongg Updated 

HHHL Y1<Y2 + got power up X2 is flatter than X1 = retrace to zone 1 strong pattern A has form at support WHOG@2 = strong support & upward strength TP @ 1.775 SL @ 1.320

jameswongg

LLLH Y1<Y2 fibo hit down + hit up strong downtrend but no power down likely won't break previous low if W&R down success: TP @ 2.37

jameswongg Updated 

HHHL Y1<Y2 + got power up W&R success there is a weak Pat A down at resistance = weak resistance TP @ 52.80 SL @ 48.21

jameswongg

HHHL Y1> WHOG@1? fibo hit up & down even though it is a strong uptrend, there is NO power up. both WHOG is at the upper floor too. second WHOG is at level 1 if ignore the long candle wick. W&R; down. the chances of Mahsing breaking previous high is low. no TP yet.