DOID IS FORMING PATTERN FALLING WEDGES, IT'S STILL FAR FROM BULLISH MODE. HOWEVER, WE MIGHT HAVE A CHANCE TO SET UP A GOOD TRADING PLAN HERE BASE ON ELLIOT WAVE.*ELLIOT WAVE COUNT IN RED COLOUR IS A BEAR WAVE SCENARIO. WE EXPECT A REBOUND OF WAVE 4 ABC TO TARGET 1190. AREA SPECULATION BUY @ B = 830-890 WITH STOP LOSS 750.
*ALT ELLIOT WAVE COUNT IN GREEN COLOUR IS A BULL WAVE SCENARIO. IF THIS PLAYS OUT, THEN TARGET IS ABOVE 1190.
*TRADING PLAN:
BUY 830
TARGET 1190 (+43%)
STOP LOSS 750 (-10%)
RISK VS REWARD RATIO = 1 : 4
