Elliott Wave Analysis: Long PositionElliott Wave Analysis: Long Position
Entry Point: 1900
Stop Loss: 1400
Target Price: 3400
Based on the Elliott Wave theory, the chart indicates a potential long position. The entry point is set at 1900, with a stop loss at 81,950 to manage risk. The target price is projected at 3400, suggesting a significant upside potential. This setup aligns with the wave patterns, indicating a bullish trend continuation.