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MasterCard Inc., Elliot Wave Analysis
9/14/2022 11:38 AMA fall is possible.
On the daily chart, the third wave of the higher level (3) ended, and a downward correction forms as the fourth wave (4), within which the wave C of (4) develops. Now, the third wave of the lower level iii of C has formed, a local correction has developed as the fourth wave iv of C, and the fifth wave v of C is developing. If the assumption is correct, the price of the asset will fall to the area of 295.00–280.85. In this scenario, critical stop loss level is 361.80.
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