PONKE in a parallel channel

PONKE is currently trending upward within a well-defined parallel channel. Based on lower time frame analysis, it appears to be undergoing a complex correction in the wave 4 micro-degree. A 3-3-5 corrective structure seems to be the most likely scenario for completing this phase.

Upon completion of wave 4, the focus shifts to the development of wave 5 in the micro-degree, which is expected to continue within the bounds of the parallel channel.
Chart PatternsponkeTrend AnalysisWave Analysis

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