The pullback from 1.114 is following a clear channel.
The confluence of Fibonacci extensions from the first 2 waves down (WX and AB) suggests that the pullback would extend to the 1.087 - 1.093 area.
From that point, we will look again for long opportunities (waves 1-2 bouncing out of the yellow area).
The confluence of Fibonacci extensions from the first 2 waves down (WX and AB) suggests that the pullback would extend to the 1.087 - 1.093 area.
From that point, we will look again for long opportunities (waves 1-2 bouncing out of the yellow area).
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