$DDOG
Added 2023-03-02 10:47:10 +0000 UTCPulling back now to a very familiar spot we have spoken about a lot lately. It is just sitting on the 50 Day MA now on the 0.5 Fib, we know that it can come down to the 0.618-0.65 Fib which is the likely spot for a bounce.
To be clear, a pull back can come all the way down to the 0.88 Fib and still be valid for a Wave 2, when it does come down this far, its not particularly strong but nevertheless, the count is still valid.
Failure to hold the previous low, and Wave B in red is as shown.
