I see confluence between a W4, .50 fib, TL support, and gap fill. Not to mention a solid round figure of ≈ 4000. Larger W2 was shallow, so larger W4 should be deeper than the usual .328 or less.
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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.