1 hour analysis :
price 44.3
Target =48.3
stop loss :42.9
Expected profit : 4 $
Risk : 1.4$
price 44.3
Target =48.3
stop loss :42.9
Expected profit : 4 $
Risk : 1.4$
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15 minutes :
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15 minutes cahrt : after 5 waves up we started correction ab and we still in c wave of a ZZ , assuming its a single ZZ , correction should break down a wave and psossible hit the yellow area , once price move out the channel Im expecting a strong move up .
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trading below wave a now :
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46.44
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1h analysis :47.72$ was a great area for profit taking while correcting now for wave 4 wich is expected to be sideway down then up for wave 5 .
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