jameswongg

jameswongg

ST Y1<Y2 +HHHL + no power up even though there is W&R, it might go down anytime soon since no power, and not a strong uptrend TP @ 1.445 SL @ 1.040

jameswongg Updated 

In LT, there is pattern C (T1<T2) and strong pattern A TP @ 1.750 if W&R success
 There is no direction for ST yet
 LHHL = sideway

jameswongg

In long term, it is a weak downtrend. No power down and It is not hitting down @ 0.618 twice.
 Very likely it won’t break current support level. 
Wait for reversal signal: 1st one @ 2.410; 2nd one @ 2.780.



jameswongg

LT LHLL + Y1>Y2 + NO POWER DOWN = WEAK DOWNTREND ST HHHL + Y1>Y2 + NO POWER UP = WEAK UPTREND W&R bullish line = 0.210; bearish line = 0.170 NO TP & DIRECTION YET In my opinion, don't take any action first until W&R reversal signal appear: either up or down. There is no strong indicator for any direction. Still need some time to monitor.

jameswongg

LT
 HHHL + Y1Y2, loop 2 didn’t hit target up @ 0.618 so it is still a sideway
 T1<T2 (assuming X2 completed) 
there is strong pattern A #1; but weak pattern A #2; and strong pattern A again #3 

In conclusion, it is a strong uptrend with W&R; #1 in long term. There is no power and subtle reversal signs in short term, it might continue going sideway before it goes...

jameswongg Updated 

FCPO weak uptrend in long term, HHHL + Y1>Y2 + NO POWER UP =TP @ 2935. Strong uptrend in short term, HHHL + Y1<Y2 + GOT POWER UP + W&R + PAT A = TP @ 2974. long with caution and follow up as it hits TP, closely monitor as it might make reversal down when short term uptrend become weak.

jameswongg

In long term, it is a strong uptrend since it is HHHL + Y1Y2 + No Power Up. Despite W&R; reversal signal has appeared. TP @ 1904.77 In conclusion, is unlikely it will go up tremendously as there are no strong indicators yet. It may go up a little in ST because W&R; reversal signal appeared. But it may turn into downtrend quickly if the next wave is LHLL.

jameswongg

T1 < T2 + STRONG PAT A + W&R SUCCESS + PAT C TP @ 0.340