quite precise analisis, likely scenario. i didn't count eliot wawes. and it did got rejected of 50% fib
Treda_pro
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@albert_krivograd, Usually, it should reject at 38 to 50 febo level. The worst case scenario is that it can move up to 68%. If it moves beyond that level, the count is invalid. But surely there will be another drop below the December low. lets see