15M view of the correction to wave 3 down (pink waves). Wave 1 of A would normally complete at 0.382 of the previous wave 5 down, rest of the waves as standard fib levels; wave 2 0.618 of 1, wave 3, 1.618 of 1, wave 4 0.382 of 3, wave 5 1.618 of 4. B 0.382 of A, C 1.618 of A.
Note
Should watch 4660 as that is a possible end of C wave, will likely close longs there and start shorting same price.
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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.