MRF FUTURESLong
#MRF - Rubber meets the road - 6 figures ahead !!
A detailed Elliottwave correction is labelled. A large wave 3 impulse was followed by an expanded flat Wave 4.
We may have just completed a wave v or 5 of c of C of 4- which has taken the shape of an Ending diagonal. This has also ended at the previous Wave 4 which is typical such corrections. This seems to have ended wave 4 - a large ABC expanded flat.
If the price shows strength and moves above 83,400 - look for a upward break of 1,00,000 and beyond
We may have just completed a wave v or 5 of c of C of 4- which has taken the shape of an Ending diagonal. This has also ended at the previous Wave 4 which is typical such corrections. This seems to have ended wave 4 - a large ABC expanded flat.
If the price shows strength and moves above 83,400 - look for a upward break of 1,00,000 and beyond
Michael @ SolomonsView
Twitter - @SolomonsView
Twitter - @SolomonsView
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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.
Michael @ SolomonsView
Twitter - @SolomonsView
Twitter - @SolomonsView
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.