WULF / 2hAs illustrated on the NASDAQ:WULF 2h-frame above, considering the internal structure of the ongoing wave (c) would suggest now respecting an expanded diagonal as the ending formation of the entire correction in wave b(circled) as an alternative.
So after the completion of retracing up in the 4th subdivision, A final decline of 20% is expected to follow to conclude the entire correction in wave b(circled) in an expanded flat formation.
The next retracement target >> 3.20
Trend Analysis >> The trend will turn upward very soon! to a Minute degree impulsive wave c(circled) after completion of correcting down in the same degree wave b(circled).
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WULF / 2hAccording to the prior analysis, NASDAQ:WULF reached the first target >> 3.45, extending its correction by a 9% intraday decline in the 5th subdivision of wave (c), as anticipated. A final decline of just 10.6% will conclude the entire correction in wave b(circled) in an expanded flat formation very soon!
The next retracement target >> 3.20
Trend Analysis >> The trend will turn upward soon! to a Minute degree impulsive wave c(circled) after completion of correcting down in the same degree wave b(circled).
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WULF / 2hAccording to the prior NASDAQ:WULF analysis, wave (c) started to extend in its 5th subdivision. It's now anticipated to further decline by 14.44% to complete the expanding flat formation as the entire correction in wave b(circled) over the next week.
The Retracement Targets >> 3.45 >> 3.20
Trend Analysis >> The trend will turn upward soon to a Minute degree impulsive wave c(circled) after completion of correcting down in the same degree wave b(circled).
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WULF / 2hNASDAQ:WULF 18% market sell-off in almost a couple of weeks has developed a five-wave sequence in the impulsive wave (c), which would likely now extend in its 5th subdivision.
So, a further decline of 17% is anticipated to extend the wave (c) of an expanding flat formation as the entire correction in wave b(circled).
The Retracement Targets >> 3.45 >> 3.20
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WULF / 2hAs well anticipated, NASDAQ:WULF continued to decline by 6.9% today and closed the week with a 14.6% market sell-off. Now, a decline of 14.4% would lie ahead to complete the structure of the thorough correction in wave b(circled) in a three-wave sequence >> (a)(b)(c) flat formation.
The Retracement Targets >> 3.45 >> 3.20
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WULF / 2hAs anticipated, NASDAQ:WULF has continued to decline 8.7% this week. And further decline of 18% lies ahead to complete an impulse (c) as the last subdivision of the ongoing flat correction of wave b(circled).
The anticipated targets >> 3.45 >> 3.20
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WULF / 2hAccording to the NASDAQ:WULF 's prior analysis, the retracement up in wave (b) of an ongoing flat correction as wave b(circled) was over at 4.65.
Now, a further decline by 21% of an impulsive wave (c) lies ahead.
The anticipated targets >> 3.45 >> 3.20
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WULF / 2hNASDAQ:WULF closed the week with an unexpected 18% swift advance to complete the structure of wave (b) in a three-wave sequence. The short-term bearish case remains intact. A decline of 23% in an impulsive wave (c) of ongoing correction in wave b(circled) would likely lie ahead.
Wave Analysis >> The entire correction in wave b(circled) may have expanded in a flat formation in which wave (c) should have started its way down today.
The anticipated targets >> 3.32 >> 3.20
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WULF / 2hNASDAQ:WULF has worked almost 10% down today and turned to the expected decline in wave (c). A further decline of 17% would likely lie ahead.
Wave Analysis >> The entire correction in wave b(circled) may have expanded in a flat formation in which wave (c) should have started its way down today.
The anticipated targets >> 3.20 >> 3.13
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WULF / 30mNASDAQ:WULF has retraced up 4.7% today, according to the prior analysis.
An advance of just 3% is left to turn the correcting up in wave (b) downward, in the following same-degree wave (c).
Wave Analysis >> The diagonal pattern as the Minutte degree wave (a) quite well indicates that a relatively deep retracement is underway.
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WULF / 30mWith zoom in on this 30m frame. NASDAQ:WULF should have completed a leading diagonal as the first subdivision of the anticipated correction in Minute-degree wave b (circled) downward and worked sideways by 2.27% upper the boundary line of the diagonal today.
Wave Analysis >> The diagonal pattern indicates that a relatively deep retracement is underway. As depicted on the chart above, an 8% retrace up on the correction of wave (b) is well expected to follow over the next few days.
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WULF / 30mLet's zoom in on this 30m frame, NASDAQ:WULF may have completed a leading diagonal as the first subdivision of the anticipated correction in Minute-degree wave b (circled) down. The diagonal pattern indicates that a relatively deep retracement is underway as well.
Now as depicted on the chart above,10% advance in corrective wave (b) is expected to follow over the next week.
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WULF / 2hNASDAQ:WULF continued to decline by 3% today and 17% since the May high.
The Minute degree wave b (circled) is well in progress, and a further decline of 17.77% is expected to follow over the coming few weeks.
The retracement targets >> 2.94 >> 2.90
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WULF / 2hNASDAQ:WULF may have started the expected retracing down in Minute degree wave b (circled).
So, the Minute degree trend turned down. It would remain by a 26% further decline over the few coming weeks from the current levels.
The retracement target >> 2.94
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WULF / 4hAs anticipated on the last analysis, NASDAQ:WULF raised 11% >> intraday high today and completed the structure of the wave (v) of the rising tide a(circled) in an ending diagonal. The extreme high is very close to the estimated target >> 4.21!!
Trend Analysis >> The Minute-degree trend will soon turn downward to a correction in wave b (circled), which will be underway over the coming few weeks.
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WULF / 4hWave Analysis >> A final advance of just 10% would lie ahead to complete the structure of the wave (v) of the rising tide a(circled), in an ending diagonal( five overlapping wave ).
The estimated target >> 4.21
Trend Analysis >> The Minute-degree trend will soon turn downward to a correction in wave b (circled), which will be underway over the coming weeks.
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WULF / 4hNASDAQ:WULF might continue to advance by 18% to complete the structure of the wave (v) of the rising tide a(circled), probably in an ending diagonal!
The estimated target >> 4.44
Trend Analysis >> The Minute-degree trend will turn downward to a correction in wave b (circled) over the coming weeks.
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WULF / 4hNASDAQ:WULF continued to advance >> 10% today, and the rising tide since the early April low at 2.06 has revealed an impulse as Minute degree wave a(circled) instead of a leading diagonal, as shown on the chart above.
So it might continue to rise tomorrow before correcting down in the same degree wave b(circled).
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WULF / 4hNASDAQ:WULF has risen by 15% just today! The leading diagonal as Minute degree wave a(circled) seems to be thoroughly done. So the following correction in the same degree wave b(circled) would lie ahead.
Trend Analysis >> The leading diagonal pattern is aligned with the countertrend upward in Minor degree wave A, which might be expanded in an a-b-c sequence. It would be almost a 150% gain of a countertrend rally at the end!!
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WULF / 4hNASDAQ:WULF has risen by 8.2% today, as anticipated well. It might continue to rise to close the week with a thorough diagonal as Minute degree wave a(circled), which would be prior to the following correction in the same degree wave b(circled).
Trend Analysis >> The leading diagonal pattern is aligned with the countertrend upward in Minor degree wave A.
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