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COMP / UST

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More likely scenario The complete impulse wave has done at $911. Because of golden ration at the 4th wave. Next, the correction wave has been happening within wave A and wave B that has done. And wave C is progressing. My angle, I realized the wave C has been progressing three waves turn down to $175 and the 4th wave next, maybe go up to $270. In the correction wave, we have the golden ratio with wave B = 0.618 Fib wave A. So more likely, this is a zigzag wave. Wave C = 1.382 wave A because the 3rd wave of wave C passed wave A. At $175, we have a Fib Clusters of the impulse wave C and the correction wave ABC. Time will tell! If you like my idea, let's support me by hit a button like and follow me.
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by trieutv
COMP, how long will this correction continue?COMP has been in a downtrend for a long time. From its high, the price has corrected by 80%, which is quite a strong drop, and it is already possible to look for an entry point. Looking at the medium or long term, now could be a very good buying opportunity. If you look locally, the trend line has formed on the chart and the price is trying to break it. If the trend line is broken, it could be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
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