WULF / 4h

WULF – In alignment with my bearish alternative scenario on the weekly timeframe (published earlier this week), Minor degree wave C has reached its anticipated expansion target at 5.55, potentially marking the completion of wave C within the corrective wave (B) structure.

Following the mid-July high and the conclusion of the countertrend rally in Intermediate wave (B), WULF appears to have begun forming a Leading Diagonal downward.

A further decline of approximately 10% is expected to complete the structure of this diagonal—reinforcing the bearish case for the medium term.

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