Up or down This is the problem who is the Winner? for First Wave (1>2>3) for Short position: if Drop continue and this is just a Correction then Target is 38425 and Stop loss is 57981
For Second wave(2>3>4) for Long Position: your Stop loss is 50023 and your Target is 63237
This is a very Simple view of SHIBO prediction lets get inside and see more details in the next Comment
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For big Down trend impulse price broke Warning and SL3 levels but Bounced exactly from SL2(Nice calculation of SHIBO) base on this the preferred Target is CTP3 at 45052 but if Price could break SL1 so price could go up easily
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and on this latest uptrend impulse price just broke Warning Level to now
lets Combine all of them
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in the 1 Hour Chart
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is not Beautiful???
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in this zoomed in Chart you see that Calculations of SHIBO on the impulse Lead us to TP1 that have exact match with older peak. every time price touched it Started to Fall Down