An ABC zigzag has formed and an opportunity to ride wave C. with the daily fibo as target which is 38% of the impulsive move that we seen last week. I'll be carefully watching this one as the bulls will be waiting to get in at the take profit level if this theory is correct.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.