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  • Here's an alternative perspective to consider... Observing a well-defined 5-wave impulse for wave 1, we are presently navigating wave 2, characterized by an ABC correction pattern. Anticipating a final downward movement to finalize wave 2 correction. The likelihood of this scenario unfolding is uncertain. However, should it transpire, key indicators to monitor are crucial. To validate the progression towards the $10 milestone, focus on the breach of the depicted red trendline. Refer to the Elliott Wave schematic below for a visual representation of our current position within the wave cycle. What are your thoughts on this analysis? Wishing you success in your trades and always prioritize safety!

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