Strike Analytics

Taiwan

11 Aug 202007:24 AM

The Taiwanese stock market broke out of a 4th wave triangle pattern. The 5th wave often looks like an ending pattern, but the alternate is to consider it as a series of 1-2-1-2, which makes a very bullish case for the Asian stock market. A wave 3 of 3 is going on and we are now at all time highs again.

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