Possible Bullish Scenario

Updated
The chart explains it all.. This could be a bullish scenario where we are heading to a 38.2% retrace or even a 61.18% pullback.
Keep in mind that there is also a huge bearish scenario in play.. I will post that one later. Also take into account that the timing could be different.
Note
Forget the report below.. I forgot to delete it and the strategy is based on daily chart.
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