Very little to add here but that this is in its ABC correction and pulling back in a controlled manner.
I think everyone who was in here was comfortably that Wave 5 would not go much higher and pull back was needed and this is following a strict ABC wave now.
Watching for the 0.618 Fib level at $4, where we can see the 200 Day MA is moving towards this position too.
Yuri van Huisstede
2023-10-05 08:11:09 +0000 UTCSteven Richards
2023-08-18 19:40:57 +0000 UTC