Wave one tested our Major Quarterly Level of 1.72 and retraced and respected 61.8% Fib Level. Wave two broke our Major Quarterly Level of 1.72 and tested a Daily Disturbance Candle from 2016(Orange line). Retraced to our 38.2 Fib Level.
Looking for price to retest previous resistance (Blue Line) and continue to the orange line which is Daily Disturbance and Major Quarterly level of 1.8
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