RESIST TRIANGLE AROUND 460-475 (BULL & BEAR WILL FIGHT HARD LATER IN THIS AREA). IF BULL WINS, TARGET WILL BE AROUND 630 (AT LEAST 75% HIGH OF THE TRIANGLE).*CTRA ELLIOT WAVE (DAILY CHART):
WE IDENTIFY THIS CURRENT WAVE UP IS THE LONGEST BIG WAVE 3-iii . WAVE 3-iii ITSELF WILL USUALLY BE DIVIDED INTO ANTOHER 5 WAVES.WE HAVE SET TARGETS ACCORDING TO TIME FRAME:
1ST TARGET @460 (ESTIMATED PROFIT 20%).
2ND TARGET @550 (ESTIMATED PROFIT 45%).
3RD TARGET @630 (ESTIMATED PROFIT 65%).
FINAL TARGET @700 (ESTIMATED PROFIT 85%).
STOP LOSS CLOSE BELOW 350 (ESTIMATED LOSS 10%). ONLY IF STOP LOSS HITS, ALT WAVE WILL BE POSTED LATER.
LETS RIDE THE BULL FROM CIPUTRA (CTRP & CTRS USUALLY MOVES TOGETHER WITH CTRA). JUST PICK 1 OF THEM & OUR CHOICE IS CTRA.
