The Long Investor
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🕑 Added 2025-01-28 14:38:18 +0000 UTCI am happy with the structure here but I do expect a test of the 0.38 Fib at $2.06 with this current movement for Wave 4. The price could also come down to test the 50 Day MA at $2 and this would not be an issue for the structure as it does not infringe upon the top of Wave 1.
Losing the 50 Day MA at $2, would give me some concern for the structure however.