Strike Analytics

KLSE

29 Apr 201604:36 AM

KLSE - This Asian chart has a beautiful H&S. The recent attempt at the neckline ended at the 61.8% mark of the fall from the right shoulder. Prices are below the neckline again. The next move down should see the neckline target of 1475. The wave count is to mark the recent high as an X wave and expect and A-B-C decline from here.

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