Microsoft (MSFT) | The safest target to climb๐
Hello traders, Microsoft in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
The overall identity of this counted wave is unclear and we need more waves to detect it.
Now, according to the count, the main waves 1 and 2 have been formed and now we are inside wave 3.
This wave 3 has formed its wave 4 in such a way that it can not be said that it is complete or this ascent that we are considering is part of wave 4.
In terms of time, wave 4 is normal compared to wave 3.
Currently we are waiting for an ascending move that should be done before the 0.5 Fibo range and if this Fibo and the black channel are broken, this ascent will not take place.
๐If you have an idea that helps me provide a better analysis, I will be happy to write in the comments๐
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
The overall identity of this counted wave is unclear and we need more waves to detect it.
Now, according to the count, the main waves 1 and 2 have been formed and now we are inside wave 3.
This wave 3 has formed its wave 4 in such a way that it can not be said that it is complete or this ascent that we are considering is part of wave 4.
In terms of time, wave 4 is normal compared to wave 3.
Currently we are waiting for an ascending move that should be done before the 0.5 Fibo range and if this Fibo and the black channel are broken, this ascent will not take place.
๐If you have an idea that helps me provide a better analysis, I will be happy to write in the comments๐
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
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