As opined, wave-4 completed at 103.56 and since we have seen prices move towards our “wave-1=5 target at 105.55”. To recap, there is also a triangle projection target at 105.77 and the old highs are at 105.44; together there is a confluence of resistance b/w 105.44/77. (daily) S/t, wave-5 has completed waves-i through iii so post a small wave-iv consolidation, we’d expect a final push to the mid 105’s. Near-term support is 104.50/40. (240min) Conviction: Med/High Levels: Support – 104.49, 104.40, 104.10 Resistance – 105.44, 105.55, 105.77
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