After a 5-wave drop, the price can return to the upward cycle. According to the previous analysis, the double bottom reversal pattern was hit. In the correction phase, compared to the 5-wave downward trend, the price can reach the Fibo range of 50 to 62 with a 3-wave movement.
Great reward to risk
Note
Full-body one-hour candle
Suitable for impulse movement
Trend Analysis

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