PA is clearly inside a bear flag with corrective wave pattern.
Since the intermediate took 4.236 on w3, expecting w5 to hit 8.236 < $0.33.
From there we will see if this remains a major ABC (green) or 5 wave impulse down (blue). If 5 waves down, final target will be below $0.13 - $0.16 (w3 on 2.618 => w5 on 4.236)
Invalidation only above $1.10
Hold my beer pls
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No financial advice, do your own research, don't be stupid
Since the intermediate took 4.236 on w3, expecting w5 to hit 8.236 < $0.33.
From there we will see if this remains a major ABC (green) or 5 wave impulse down (blue). If 5 waves down, final target will be below $0.13 - $0.16 (w3 on 2.618 => w5 on 4.236)
Invalidation only above $1.10
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Note
and we got the break down from the flag
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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.