Sharing my thoughts and observations on AU200. I was originally expecting Wave 5 to hit the max historical price observed in 2017 (close to 6,850), however an external divergence at RSI H4 and MACD makes me now expect a change in the trend. TP suggested to be set at Wave 1-3's Fibo 23%, confluent with Wave 2-3's Fibo 50%. Awaiting confirmations.
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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.