FCPO - WAVE 5 OF C TOPPED?
Continue working with the hypothesis that a running flat was forming in FCPO:
We have a clear 5 wave structure advance from extreme low of Wave B giving us indication that wave C maybe complete.
If Wave C topped and Running Flat pattern is complete, then we would like to see a downward movement of price toward 3686 level in a motive sequence before we start formulating a trading plan for this pattern.
Invalidation level is for this idea set at wave C extreme high = 3734.
We have a clear 5 wave structure advance from extreme low of Wave B giving us indication that wave C maybe complete.
If Wave C topped and Running Flat pattern is complete, then we would like to see a downward movement of price toward 3686 level in a motive sequence before we start formulating a trading plan for this pattern.
Invalidation level is for this idea set at wave C extreme high = 3734.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.