M&M Wave 4 Elliot Wave analysis
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Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
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M&M Wave 4 Elliot Wave analysis
Case 1: If this is symmetric triangle then should end E wave near 610-605.
After this if breaks and closes above 631-33 then 740 can be wave 5 target, Stop-loss will be 567
Case 2: If wave iv is Double three correction pattern.
This will be confirmed if breaks and closes below 590.
We can expect 551 (0.382 Fibonacci) level then target will be 726, Stop-Loss will be 537.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis. Details in description.
-------(((((Please LIKE & Donate Coins to support my analysis)))))-------
M&M Wave 4 Elliot Wave analysis
Case 1: If this is symmetric triangle then should end E wave near 610-605.
After this if breaks and closes above 631-33 then 740 can be wave 5 target, Stop-loss will be 567
Case 2: If wave iv is Double three correction pattern.
This will be confirmed if breaks and closes below 590.
We can expect 551 (0.382 Fibonacci) level then target will be 726, Stop-Loss will be 537.
Operación cerrada: objetivo alcanzado
745 high target hit
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