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MQG Elliott Wave Technical Analysis
Today’s Elliott wave analysis provides an update on Macquarie Limited (MQG) collection on Australian Stock Exchange (ASX).
Our analysis shows this ASX: MQG The stocks approach the final stages of Fourth waveForming a Flat pattern. This represents a possible opportunity for an upward movement in Fifth wave. The analysis highlights the main confirmation levels that traders can monitor to assess whether the current trend is still intact or turns.
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job: The main direction (Micro -degree, naval).
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situation: Motivation.
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building: batch.
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position: wave V-Grey From the wave (C)-Orange From the wave ((Fourth))-Navy.
details:
wave ((3))-Maritime He recently ended with the name Five -wave structure. currently, Wave ((Fourth))-Navy It is revealed in a Apartment (a)-(b)-(c) pattern ((orange). The last leg, Wave (c)-orangeIt is still developing, and aims to a close goal 211.92 Or a little less.
Instead, a A break above 232.59 It will be the first sign of that Wave ((T))-Maritime It starts an upward step.
MQG Elliott Wave Technical Analysis
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job: The main direction (Micro -degree, naval).
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situation: Motivation.
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building: batch.
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position: wave V-Grey From the wave (C)-Orange From the wave ((Fourth))-Navy.
details:
There are no major changes –Wave (c)-orange He continues it Five wave formationNamed from I am gray to V-GreyBecause it moves to less.
conclusion
Elliot wave analysis and our expectations Asx: Macquarie Group Limited (MQG) Provide valuable visions in The current market direction and possible trading opportunities. By determining the main price levels of Checking health and nullificationTraders can enhance their trust in market movements. It guarantees our objective approach a A professional perspective based on data ASX stock.
Macquarie Group Limited Elliott Wave Analysis and Technical Technal [Video]
https://www.youtube.com/watch?
