MSFT: Bears Have Taken Control Over Bulls

MSFT has accomplished the corrective wave (b) and started falling for wave (c) of wave (4).

Traders can expect the following targets: 289 - 272 - 265 for wave (c).
Here, 273 is the Fibonacci level of 50% of the wave. This level will act as a crucial level.

An uptrend is only possible after the breakout of the parallel channel. As per the wave principle, a new trend can unfold above/below wave B of the previous correction.

تعليق:

Correction- Time frame: 6 hours

أغلقت الصفقة: تم الوصول للهدف:

TP 1: 289

تعليق:

TP 2: 272

أغلقت الصفقة: تم الوصول للهدف:

TP 3: 265

أغلقت الصفقة: تم الوصول للهدف:

All TP Done