COUP = REBOUND EXPECTED TO START SOON BUT CORRECTION IS NOT OVER

COUP has almost done its smaller degree wave (A)(B)(C) flat pattern correction, and the rebound is expected to happen soon.

However it is predicted COUP will be subjected to complex correction to eventually target minimal to approximately USD158 or worst to USD98 ballpark values before correction end. Therefore, a complex correction is predicted.

The completion of wave (A)(B)(C) flat correction forms wave W of higher degree, a rebound will form wave X, and further downtrend to target USD98 or USD158 will form wave Y (or followed by wave Z after wave Y if triple three correction is going to happen).

Happy trading!
Chart PatternsElliott WaveTrend Analysis

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