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...
Y1<Y2 + GOT POWER UP
X2 might not be real or completed since it is so short
price might maintain sideway before going up
wait for breaking previous high if want to stay on the safe side
TP @ 9.180
SL @ 5.305
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
price falls below power down line, form boomerang since it is T1<T2 at downtrend loop
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.