Seems to fit the conditions initially for this pattern following the Big "M" completion!
These usually make 61.8% retracement so $7700 would be a realistic target?
However, profits usually taken from 38.2% onwards....
These usually make 61.8% retracement so $7700 would be a realistic target?
However, profits usually taken from 38.2% onwards....
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Potential Broadening Bottom:-
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Safely say Bullish Crab Busted with Broadening Bottom playing out and downward target met already:-
Note also EW impulse wave (iv) invalidated!
Note also EW impulse wave (iv) invalidated!
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