COM7 | Elliot Wave Correction Target Projection - EMA200W
Price action and chart pattern trading
> Possible making its uptrend to 4-wave of the 1st A-wave correction, expecting a retracement of 0.382 - 0.5 of 3-wave
> EMA100 W and EMA 200 W are the key dynamic support and resistance of the current movement.
> The final 5-wave of A could be retraced back at EMA200 W.
> Wait for daily timeframe reversal pattern near EMA200W support line for long entry
> Possible making its uptrend to 4-wave of the 1st A-wave correction, expecting a retracement of 0.382 - 0.5 of 3-wave
> EMA100 W and EMA 200 W are the key dynamic support and resistance of the current movement.
> The final 5-wave of A could be retraced back at EMA200 W.
> Wait for daily timeframe reversal pattern near EMA200W support line for long entry
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