WAVES has retraced to the 0.618 Fibonacci golden ratio on the daily timeframe, which is considered a strong support area. A buy can be made at the current market price, with a stop loss below the last support and take profit around the previous highs.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.