suburra

DAILY PREWIEV, COUNTING, IF=THEN

FX:USDTRY   U.S. Dollar/Turkish New Lira
Targets for wave 4

Wave 4 retraces at least 23% of wave 3 but more often reaches a 38.2% retracement . It normally reaches the territory of sub wave 4 of the previous 3rd wave.

In very strong markets wave 4 should only retrace 14% of wave 3.
Comment:
snapshot
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