Good afternoon,
I’m expecting the price to go up from now till the end of 2022. As you will see from the chart, were just starting wave 3 (what I feel will be a good opportunity for a long term trade) Ive entered just above the 0.618 fib at 0.952 with a SL at 0.9385. The RR on this opportunity could be 10:1.
The price may retest the 0.618 fib @ 0.946, but if the price closes above the 0.970 next week its probably not coming back down for some time.
Please give me a thumbs up if you agree with this and any comments are appreciated so I can see people enjoy my ideas. (Or not as it may be)
Thanks and enjoy your weekend.
Chart PatternsWave Analysis

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