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Elliot wave theory with Fibonacci retracement (Novice analysis)
ETHUSD
, 60Long
ETHUSD: Elliot wave theory with Fibonacci retracement (Novice analysis)

Recent bottom at about 1300 ended our 3 wave downturn from our first 5 wave impulse. My analysis over our first impulse wave. Yellow is higher time frame trend with blue 5 wave or 3 down wave breaking up the higher trend.

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