FCPO - A high probably setup

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Since the last posting on November 25 2025, the market posed another interesting set up which infer a probable wave 3 developing to the upside if the reading is right.
The price movement displayed retracements and wave relationships are just to befitting to ignore. If this plays out to the guidelines in the principle of the wave theory, then we should expect some form of impulsive upside movement with a caveat below 3968.

Penafian

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