MASTERCARD INC.: WAVE ANALYSIS

avatar
· Views 85




MASTERCARD INC.: WAVE ANALYSIS
Scenario
TimeframeWeekly
RecommendationBUY
Entry Point472.99
Take Profit495.00, 510.00
Stop Loss465.32
Key Levels359.50, 415.30, 449.50, 495.00, 510.00
Alternative scenario
RecommendationSELL STOP
Entry Point449.45
Take Profit415.30, 359.50
Stop Loss460.85
Key Levels359.50, 415.30, 449.50, 495.00, 510.00

The price is in a correction and may grow.

On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 5 of (5) forms. Now, the third wave of the lower level iii of 5 has ended, and a local correction is developing as the fourth wave iv of 5. If the assumption is correct, after the end of the correction the asset will grow to the area of 495.00–510.00. In this scenario, critical stop loss level is 449.50.

MASTERCARD INC.: WAVE ANALYSIS

MASTERCARD INC.: WAVE ANALYSIS

Main scenario

Long positions will become relevant above the level of 449.50 with the targets at 495.00–510.00. Implementation period: 7 days and more.

Alternative scenario

A breakout and the consolidation of the price below the level of 495.50 will let the asset go down to the area of 415.30–359.50.


إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.

هل أعجبك هذا المقال؟ عبّر عن امتنانك بإرسال نصيحة للكاتب.
الرد 0

اترك رسالتك الآن

  • tradingContest