From the previous analysis below we have projected the first 5 wave development motion in the KCS, with very realistic targets for the near future.
As we can see, price continues to consolidate over the broken structure and is now creating a 4-hour triangular pattern as a continuation pattern.
A price movement above the triangle would increase the chances of stronger bullish momentum.
Targets:
32. 40 or +53.55%
35.00 or +65.88%
45.30 or +114.6%
Thank you and Good Luck!
Previous Base Analysis:
As we can see, price continues to consolidate over the broken structure and is now creating a 4-hour triangular pattern as a continuation pattern.
A price movement above the triangle would increase the chances of stronger bullish momentum.
Targets:
32. 40 or +53.55%
35.00 or +65.88%
45.30 or +114.6%
Thank you and Good Luck!
Previous Base Analysis:
Note
From the previous analysis, the price made a +29% movement.Actually, the price broke out with a strong candle above the Bullish Triangle.
Note
Closed one small part for +28%
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
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.