According to Elliott Wave Theory, wave 4 have completed and it seems like a strong wave 5 is brewing.
It is higher high, higher low with Y1>Y2 and power up.
I am projecting TP at Fibonacci 1.618 because T1<T2.
My only concern is WHOG3, which is the long green candlestick at the top. It might be a fake strong uptrend.
In overall, I am quite positive in this analysis if price is able to break resistance levels.
It is higher high, higher low with Y1>Y2 and power up.
I am projecting TP at Fibonacci 1.618 because T1<T2.
My only concern is WHOG3, which is the long green candlestick at the top. It might be a fake strong uptrend.
In overall, I am quite positive in this analysis if price is able to break resistance levels.
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