UPDATE: Price is still moving well to the highs towards the 3 wave measure move target as predicted in my last analysis (See related ideas)
Compelling bullish presence after a bearish correction after a bullish impulse leg. A nice correction to the Fibonacci retracement level offers a fantastic opportunity to long to the upside. Price is strong, engulfing the previous days bear candle, showing continued strength, which will give the necessary momentum for a 3 wave measure move to the highs of the range. I hope you have a tested trading strategy to trade this move.
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