Ton of resistance, Elliott wave analysis
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The level at 7.50 looks might strong.
With this current swift move down back below the level,
I am looking to HOW the price reacts to that level if it is reached again.
If it come to it in a corrective fashion, then I would suspect a rejection.
If it can get back above, then I would have to reconsider, based out what PA has printed.
The divergence adds to this.
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Trade Clarity!
The level at 7.50 looks might strong.
With this current swift move down back below the level,
I am looking to HOW the price reacts to that level if it is reached again.
If it come to it in a corrective fashion, then I would suspect a rejection.
If it can get back above, then I would have to reconsider, based out what PA has printed.
The divergence adds to this.
Trade Safe!
Trade Clarity!
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Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
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