This is the big picture
wave iii has concluded , since wave ii was shallow wave iv may go deep
50 % retracement stands @ 75 , Hence buy when Federal bank reaches 75 levels (stop loss should be 50)
Target for wave v should be much higher (above 130)
but this trade may take some more time to materialise
wave iii has concluded , since wave ii was shallow wave iv may go deep
50 % retracement stands @ 75 , Hence buy when Federal bank reaches 75 levels (stop loss should be 50)
Target for wave v should be much higher (above 130)
but this trade may take some more time to materialise
註釋
a small correction in the placement of wave 1註釋
i am not sure of wave 1 placement , that is the reason i gave an alternative placementif given a choice , i will prefer the 1st placement of wave i
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