4 hour analysis. Looking fairly corrective. Likely to see continuation up following a pullback with $12k being the more conservative target. If it remains corrective, the local ABC would serve as an X wave connector for a larger WXY. Currently facing sell pressure at the .5 Retracement and will likely face heavier pressure higher up at the .618 retracement. The potential impulsive count would serve as the first leg up to the $14k-$15k target highlighted in my previous analysis.


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