Wave 2 retraces 78.6% to the downside, setting up for an explosive Wave 3 targeting the 1.618 Fibonacci extension. This count suggests strong bullish momentum ahead, with key Fib levels guiding potential reversals.
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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.