Wave target from previous Analysis was hit exactly. Retrace is clear and structure implies one more dip. Local double bottom possible, a sign of strong bull.
Previous Analysis alerting of 58.4k top
I will post updates below as price action progresses.
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Komen
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Resistance Hit
Since posting, the bounce want up to first resistance and is pulling back:
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Zoom IN (1 min) for a look at the interaction with the resistance It was a "Ping" (exact ricochet) on the local 2.618. 2.618's are like Rooks in chess, Strong, Stable, Dangerous from a Distance.
Also notice the other PIngs on different fibs Those are from a different timeframe, but clearly still relevant. Thus the "congestion" during consolidation, many waves left ripples to be navigated. As we observe each Ping on a fib, assume its sister fibs are now alerted and ready.
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SUMMARY: - Proceed exactly as planneed. - Local 2.618 many killed the bounce. - We still might get one more leg up to make and "abc of B"
On the 1min Another interaction with that resistance and the 2.618. Bulls seem pretty determined to break it. Break would argue against the ABC targets.