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AGHA - Daily Analysis - 22-02-2023

  • Sarfaraz Ahmad

Since Wave 4 is a corrective wave, it has the potential to unfold nearly all of the corrective structures. The previous wave 4 coincides with the 23.6% Fib RET level, which is acceptable to take into account as a strong resistance area for the current wave. This Wave 4 needs more time to develop. Ultimately, we might observe further weakness after Blue Wave 4 is finished.