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EWA LUPIN trade setup
LUPIN LTD
Long
EWA LUPIN trade setup
By koolshanin
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Oct 31, 2016
1
Oct 31, 2016
Lupin after falling from highs is expected to complete ZZ correction with
WC =0.618WA near
Now the possibilities of lupin are
1. create complex correction with W as ZZ
2. Create Double ZZ
3. Create change in cycle.
now one minor cycle 1-2/1-b is expected to be completed in lupin.
cmp 1495
SL 1440
Target 1 1570
Target 2 1636
Reward min 75
Reward max 141
risk 55
ROR1 1.4
ROR2 2.6
Elliott Wave
EWA
koolshanin
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