Price has been trading in nice 2 impulse moves wave 1 wave 2 along with 2 corrective waves 2-4..with this information we already know we looking to buy the 4th wave all the way up towards wave 5...wave 4 tends to lag out of all the corrective waves so patience is vital...stop loss is placed below the 78.2 fib given enough space for price to move.
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