Long

second wave near completed

Elliiot wave is nearly completed. This is a good pre-emptive buy in zone with a clear stop at the bottom of the first wave. fibonaci projections provide our targets at a minimum of 100% of the first wave , extended projection is 1.6% of the first wave. I usually confirm on lower time scale with RSI. Also confirm with a break a the second wave trendline.
Trend AnalysisWave Analysis

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