is currently completing its 4th wave correction pattern on the daily time frame. We know that in order for a 5th wave completion that wave 4 cannot break the highs of wave 1. The 0.382 Fibonacci retracement
level is now in confluence with the highs of wave 1 at the 130.00 level. Will we see price hold this level before completing Elliot Wave
5 or will we break this level and trade lower ?