Dislikedi mentioned this the other week ..... 163 was wave 4 on weekly ....we are currenylin wave 5 that has targets 110 and 87
I expect move down to 147 zone then a retrace back to 150.
as you can see in the big picture wave 4 was 153 , a 38 % retrace of wave 2 and a 50 % retrace of wave II to V
I think your wave counts may be way off base ....
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well see for every EW analysis there is a SL or failing point for the analysis
your analysis is long term can u tell me at wich point this long term view will fail ?
for example my fail point is below 149 since i believe this is 2nd wave