No $2000, target $35,000 or $55,000
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See attached drawings.
Komen
Komen
I really can't look at it anymore.Komen
Usually in a five-wave structure, the four-wave is an important point of retreat. But if the fifth wave of the structure is extended, the second wave of the extended fifth wave becomes the most important point. This is the first evidence to support 3200 rather than 2000.Komen
The position of 3200 was withdrawn by 38.2%. In 2000, 50% were withdrawn. As the fourth wave, is it not clear which withdrawal is more reliable? This is the second evidence to support that 3200 is the bottom.Komen
In addition, in the daily chart, the long-term average 210 (never touched before) is just below 3200. This is the third evidence.Komen
Finally, wave C retreat has emerged from a five-wave structure.Komen
You can wait for 2000, 2000 is certainly better than 3000, if you really have the chance to wait until this happens.3000 is not worth a penny? Don't be kidding.
Penafian
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