1W Wave 3 is under correction in 1D wave 4
1M chart
New trend is identified after correction and is marked with a vertical line.
1W chart analysis is focused on new trend.
Price action is trading through Impulse wave 3 targeting 81.5
1D chart analysis is focused on Wave 3-Impulse and after the 1W vertical line
Impulse wave-3 of 1W chart is under Wave-4 correction in 1D chart.
Wave 4 targets 38.4 to 50% Fib retracement zone which marks at the previous resistance zone between 74.48-73.87
1H chart analysis is focused on 1D Wave 4-Correction
Correction wave C is in progress which targets 73.6 however it might bounce up at 74.48-73.87
1D Wave 4-Correction might end at 73.6 on the worst case and the price is expected to resume its uptrend to form 1D Wave-5 which can target 78.0 is equivalent to 1D Wave 1-Impulse move range
New trend is identified after correction and is marked with a vertical line.
1W chart analysis is focused on new trend.
Price action is trading through Impulse wave 3 targeting 81.5
1D chart analysis is focused on Wave 3-Impulse and after the 1W vertical line
Impulse wave-3 of 1W chart is under Wave-4 correction in 1D chart.
Wave 4 targets 38.4 to 50% Fib retracement zone which marks at the previous resistance zone between 74.48-73.87
1H chart analysis is focused on 1D Wave 4-Correction
Correction wave C is in progress which targets 73.6 however it might bounce up at 74.48-73.87
1D Wave 4-Correction might end at 73.6 on the worst case and the price is expected to resume its uptrend to form 1D Wave-5 which can target 78.0 is equivalent to 1D Wave 1-Impulse move range
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