KUB in Primary wave cycle is under contracting triangle formation, it is complex corrective pattern in which all the waves are correction pattern, and the trend line are converge, it is very common corrective pattern, it shown side way trend occurs, current status is wave D uptrend is under development, which is moving from 0.460 to 0.490/0.520/540
![](/files/my/blog/img/bl1713_main_trend.jpg)
Let Zoom it down to second level, which is Intermediate wave degree, it show, WXY or Wave 3 formation, which the trend is just breakaway from 0.460, which give a comfirmation of wave 3 uptrend is valida and the prices project tion as below 0.490/0.520
![](/files/my/blog/img/bl1713_med.jpg)
This is a very positive signal! Four consecutive wave degrees show a clear POSITIVE trend, and it also indicates that the target has not yet been reached. More and more wave degrees showing a positive trend increases the probability of strong acceleration! .
A price move of in general at least 10% or more is indicated, depending on how far the price move has progressed already, which is interesting to institutional traders or active investors.
From Intermediate to Minute Wave degrees the trends are all up. Most likely the target of the Minute wave degree, which is in wave 3, will be reached at 0.490/
My Trade plan
Action : Long/buy, 4 wave degrees uptrend
Type signal : BREAK OUT,conservative
Applies to : Institutional traders
Conservative Target :0.490
2nd Target :0.520
Late Exit Alert :0.430
Earlier Exit Alert :0.395
Speculator101
Ini Kalai lah... hamtam dia
2015-03-17 07:59