$CAVA - RC -
Added 2024-06-06 20:04:40 +0000 UTC$CAVA has run incredibly strong here $29 to $96 since Nov '23 and has now gone beyond the width of the Cup breadth but rejected staying above this level
So I believe there is a healthy pull back available here next so I have added in the amber Fib levels to show where support can go to.
To confirm this, we want to see a retest of the blue line at $87 and then a rejection on the retest, if we see this then we can assume that Wave A has started and can expect 3 waves down, finishing between the 0.5 - 0.618 Fibs.
