Elliott Wave: exhaustion of correction at Wave 4 lvl resistance
Wave 4 coincides with 2.618 Fib level resistance;
Wave 5 complete at 3.618 Fib level;
Corrective wave exhausting at Wave 4 level (resistance)
Risk/Reward ratio > 1:2
Wave 5 complete at 3.618 Fib level;
Corrective wave exhausting at Wave 4 level (resistance)
Risk/Reward ratio > 1:2
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