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EW idea: Bearish impulse 5 incoming? 6000 target?
Just some thoughts and exploring the EW points before I enter a position. Currently looking at the 4h chart under the bear trend. Looks as if we potentially havent completely bottomed out yet and possibly have one more wave til we change back to bull trend after a long 3 wave. Looks like we have descending triangle at the tail end of this wave.
Stoch RSI relative high at the moment at about 90.
Stoch RSI relative high at the moment at about 90.
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