COTI SHORT ELLIOT WAVE COMPLETION
Market just finished 1-5 Elliot wave, we forecast 5 point is at 0..3320 zone because market formed a high volume institutional candle which should indicate price reverse.
Entry: 0.3320
Invalidation: 0.3420
Target 1: 0.3000 (this is a safe target, last demand zone, but we might break out of a trend and see an ABC correction down)
Target 2 0.2600 (50% fib zone of the whole uptrend)
Entry: 0.3320
Invalidation: 0.3420
Target 1: 0.3000 (this is a safe target, last demand zone, but we might break out of a trend and see an ABC correction down)
Target 2 0.2600 (50% fib zone of the whole uptrend)
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