Update to this idea > 
Looks like wave 2 (or B) has completed now in the start of either wave 3 or wave C.
If wave C of correction then may bounce and a new high from the 57$ level.
If wave 3 then the 1.618 extension is at 53$.
I prefer the 5 wave impulse move as it fits my larger timeframe view here >
Looks like wave 2 (or B) has completed now in the start of either wave 3 or wave C.
If wave C of correction then may bounce and a new high from the 57$ level.
If wave 3 then the 1.618 extension is at 53$.
I prefer the 5 wave impulse move as it fits my larger timeframe view here >
Note
Reached 1:1 extension 
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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.