(b) wave. 16% potential swing to upside.

First of all this is not investment advice. Always trade with due diligence.

From Elliot Wave perspective, Symlife in corrective mode (a)(b)(c). (a) wave just completed and there was a breakout of downtrend line on 28th April as confirmation. (b) wave is now started and expected to move to a minimum of 0.845. This count will be invalidated if price touch 0.670.

Suitable for intraday/short swing type trader.

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Wave Analysis

Penafian