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NG1! - Correction Needed

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From January 15 to January 26 of this year, a five-wave impulse was completed. We now expect a correction.

Potential targets:
  • 6.360
  • 5.741
  • 5.204
  • 4.677

The most probable range appears to be between 5.204 - 4.677 or lower, given that this is a commodity.

The exact correction structure will become clear as the move develops.

Estimated movement potential from current levels:
Approximately 4-30%

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