After Rising To 6,100, JCI Should Fall To 5,700
JCI is still in Downtrend (which started from 6,800 in Feb'18) and the Downtrend might continue until JCI touch 5,700. There is a high probability JCI will rise temporary (as Technical Rebound) to 6,100 but i predict the rise is not strong enough for JCI to Breakout 6,100.
JCI is forming A-B-C-D Pattern and it suppose to hit 1.618% (D) which is around 5,700.
The Downtrend might end if JCI is able to Breakout above 6,100.
JCI is forming A-B-C-D Pattern and it suppose to hit 1.618% (D) which is around 5,700.
The Downtrend might end if JCI is able to Breakout above 6,100.
Trade closed: target reached
IHSG has reached target at 5,700 (it fell more deeper to 5,5XX)Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.