POL PROBABLY IN WAVE '' C '' OR " 3 " - LONG

2 thg 7

This is in continuation of our ongoing tracking of POL wave structure.

POL is currently in C or 3 which will target the 620-623 or 680 level. Our preferred wave count is C and we will target the 620 level. If our wave count is correct then prices will decline to our buy zone of 588-567 range as wave 4.

Alternately prices will never go to our buy zone and will reach the 620 - 623 level directly making this trade setup as void.

We will buy in portions at 588 > 580 > 576 level

Trade setup:

Entry price: 588 - 567

Stop loss: 547

Targets: 620 - 623

Let see how this plays, Good Luck!

Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.

14 thg 7

Ghi chú

Prices dipped into the buy zone below 588 and closed upwards, unfortunately our trade did not get activated.

There is a possibility that the prices might go down deep into our buy zone giving us a chance to activate our trade. Alternately prices will go towards our target directly.

15 thg 7

Đã hủy lệnh

Price is rising steadily which mean it will reach our mentioned target area and we will not get a chance to capitalize on this trade anymore, therefore this trade setup stands cancel.

27 thg 9

Ghi chú

POL has almost reached the upper yellow trendline and will most probably start a downtrend from there in coming weeks.