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Retrace for higher

Wave 1 finished. It is correcting itself in wave 2 now. I would suggest building the position between $7.5-$8. After that, it have a high probability to break through the resistance.

Before that, watch for price action. Don't rush to open the trade.

For self-education use only. Not financial advice.
Chart PatternsTrend AnalysisWave Analysis

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