Price has responded to the flush down yesterday and recovered +2.5% to finish the day and up 3.3% now in the PM.
I think we will see a retest of the 0.38 Fib at $355 from below if the momentum continues today.
Flipping this level to support and Wave 4 is completed as standard....rejecting at this level and the 0.5 Fib comes into play then a $314
You have not missed anything here yet, waiting to see if the bulls can take $355 and holding is the buy entry.
HS
2025-02-13 18:19:13 +0000 UTCFederico Salerno
2025-02-13 13:50:39 +0000 UTC