We are at impulse wave 12345, right now at 4th leg, heading to the 5th wave to complete wave down, ABCDE triangle is visible very good!
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Overshooting to 9700ish is expected, but still it looks like we heading down
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By pulling fib ret from wave 1 to wave 4, we can see we stopped at fib 0.382.
A classic move of wave 4.
Another thing we can see is the candles shape at 4h chart, signal is the weakness of trading around 9600-9800 prices.
A classic move of wave 4.
Another thing we can see is the candles shape at 4h chart, signal is the weakness of trading around 9600-9800 prices.
