Tracusdt trading opportunityTRAC has recently completed a five-wave upward movement, indicating a potential correction phase. Currently, it appears to be retracing, with its corrective legs having achieved leg A of the proposed ABC wave pattern. We are currently monitoring the price action as it approaches wave B of the correction. A rejection at this level could signal the onset of wave C, as illustrated on the chart. We are particularly interested in accumulating positions within this zone, anticipating favorable price movements aligned with our analysis.
The ultimate target for wave 3 is indicated on the chart. Stay tuned for further updates on this trade opportunity.