We might be ready to shoot up soon. If this analysis is correct then we are inside the third wave. Third wave is the most explosive and bullish wave. We must find support here between the 0.5 and 0.618, IF support is found, get ready for a great move!
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In position. We broke below .618 and got an exact hit of .702 fib. Sorry for not including the .702 fib. I am long and happy. Stoploss at last low candle.