The Chart speaks for it self a potential Elliot wave formation coming up.
this chart will have lots of corrections but it should be within the limit of this Analysis in my view
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As we saw the flag has been broken up and than made lower test while still above 50 fib, we still looking for more upper trend that might happen very fast, this chart will be invalid if the 4 hr candle closed below 50 fib
as we can see a flag has been formed for a long entry provided that fib 38 is our range for a reversal, the previous low reversed on fib 38 as well, in general this pattern is similar to the historical 27/01/2017 performance
we have to two ways to enter either by watching the candle patter at fib 38 for example a hanging man candle, or wait for the break out of...