Long

Update on HDRN retracement (see previous publication)

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Initially the 'Elliot wave absolute' indicator was projecting a retracement to the Fib.1 level as part of wave C.
It now looks like the retracement will go to 0.168 as wave C.
The buying pressure is resulting in a less dramatic downtrend.
Box indicates area to start accumulating and hoping for an upwards bounce.
Trade fermée: cible de profit atteinte
Although it didn't follow the Elliot wave C correction line exactly, it did hit the target (0.618) and bounce back as expected. Hopefully we can push on now and find a new ATH.
hdrnTechnical IndicatorsWave Analysis

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