Pepepips

Pepepips

In this Elliot waves, may be a deep retracement inside a triangle. It would goes to new maxiums for looking 5 wave.

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This deep retracement after the bullish rally in the last two days, may goes to new maxium at 1.6 of the rally movement.

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This impulse would announce a new large rally , and this retracement is a great opportunity to take that

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This may be a deep retracement for looking shorts

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This Support may not break today, may the price take a breath to make a deepest retracement

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This retracement of the last fall, may search new minium in the Ferrari

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This retracement, may will search a minium more low

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This Bearish impulse may be a great opportunity to search new minimals, and this deep retracement makes it a great risk-bennefit opportunity to try catch it

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This deep retracement of a movement, may goes to new maxium

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The last hard movement may brokes the up movement with a hard bearish movement, in this deep retracement is a great opportunity to search new lows.

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In this case, the Trend up is confirmed with the new Maxium, later the deep retracement would be a great opportunity of risk/Benefit trade.

Pepepips Updated 

Ferrari would search new maxiums after this deep retracement.

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Looking for a level of retracement for take the impulse force for new 1.61 projected maxium

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This retracement may goes to lows

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Deep retracement for lookingfor a new max to 161% of the last trend movement

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This impulse and retracement later could react deep long

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this retracement woul be an oppourtinity for reach new impulse

Pepepips

This deep retracement could go to impulse to new minimal