C98 Potential ReversalIt is possible that C98 could start to regain upside momentum soon.
Even though the impulsive movement is not entirely clear, I´m relying on multiple ABC wave patterns.
Wave Count: My primary count suggests there is one more leg downward needed to complete black wave C. Strong support is anticipated just above the 0.20 price level.
Technical Indicators: I plan to monitor the Relative Strength Index (RSI) for any divergence as new lows are made, which could indicate potential reversal opportunities.
Profit Potential: If this scenario unfolds as expected, it could potentially offer a 3-4 times return on C98 trades.