The figure shows the wave analysis of the Elliott waves of the ASX 200 index.
The price of the index is now in the third wave. Upward breakouts are possible. But wave 4 suggests a 50% correction from the third wave. The fifth upward wave will follow.
The figure shows the wave analysis of the Elliott waves of the ASX 200 index.
The price of the index is now in the third wave. Upward breakouts are possible. But wave 4 suggests a 50% correction from the third wave. The fifth upward wave will follow.