Off the low in June, we got a full algo ending on 2.618.
Right now price is retracing from the december rally and about to lose the trend for 2nd time, so most likely local 0.886 will be tested (in case the move off the low has been impulsive)
If it was corrective however with an overlapping B most likely, 0.886 wont hold and Matic might finish this 5-legged move down on perfect fib confluence:
0.886 major
1.886 intermediate
4.236 local
Invalidation above B!
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