Lupin Chart analysis Elliott wave
Howdy Traders ,
You can see here that this is a 4-hour chart of Lupine. One to four waves are complete in this chart.
Retracement of wave 1 is 78.6%
Retracement of wave 3 is 300%
Retracement of wave 4 will be 50 or 38.2 %
we will wait for completion of wave 4 after it we can have wave 5 with minimum 61.8 % Retracement.
wave 4 will complete at 50% as per expectation with
long near @845 to 851 so we can have long position
SL @820
T1 936
T2 980
You can see here that this is a 4-hour chart of Lupine. One to four waves are complete in this chart.
Retracement of wave 1 is 78.6%
Retracement of wave 3 is 300%
Retracement of wave 4 will be 50 or 38.2 %
we will wait for completion of wave 4 after it we can have wave 5 with minimum 61.8 % Retracement.
wave 4 will complete at 50% as per expectation with
long near @845 to 851 so we can have long position
SL @820
T1 936
T2 980
Trade closed: target reached
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