- going into wave 5 - we have few deceptive spikes seen from the previous action - 1.6 Fibonacci extension could be the next target as it was previously is we exclude deceptive moves
Note
As you can see candles closed perfectly on predicted targe (5) with spikes going a bit beyond that level. It was expected for local wave 5 to finish at that point and go for a retracement as it happened now.
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