1D chart shows possible S/R zone; lower time frames have some interesting confluence, see chart below
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in this 1H chart we see we are in what is possibly a C wave of an ABC up from the recent low (or a 5 of 5, depending on how you count it).100% extension of A, and the algo target from the spike up from 41.8 to 44k are both around the 44.5k mark. Expecting a reaction there.
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Also, people may object to where I put the pitchfork pivots, and i hear you! But zoom in to the 5min and take a look at how well this placement seems to describe what's happening.
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huh - will it clear the 0.5 even
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