XLMUSD Stellar / USD Elliott Wave interpretation

XLMUSD Stellar / USD Elliott Wave interpretation.

All levels are based on the termination of wave 3 at 0.093477. This is where wave 3 will have travelled 161.8% of the distance travelled in wave 1 and is the most common Fibonacci relationship between wave 1 and 3. Should we break through this level this analysis would no longer be valid.


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