WULF closed the week with an unexpected 18% swift advance to complete the structure of wave (b) in a three-wave sequence. The short-term bearish case remains intact. A decline of 23% in an impulsive wave (c) of ongoing correction in wave b(circled) would likely lie ahead.Wave Analysis >> The entire correction in wave b(circled) may have expanded in a flat formation in which wave (c) should have started its way down today.
The anticipated targets >> 3.32 >> 3.20
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