Categories: Technical analysis

Costco Wave Analysis – 19 November 2025

Costco: ⬇️ Sell

– Costco broke round support level 900.00

– Likely to fall to support level 870.00

Costco recently broke sharply below the round support level 900.00 (which stopped the previous waves a and b in September and October).

The breakout of the support level 900.00 accelerated the active impulse wave 3 of the intermediate impulse wave (C) from August.

Given the overriding daily downtrend, Costco can be expected to fall to the next support level 870.00, former strong support from April and the target for the completion of wave 3.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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Tags: Costco

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