From a time point of view we should be very close to the top. Wave 1 down took 29 days and wave 2 up has taken 47 days today, that makes wave 2 1.618 times the amount of days that wave 1 took. At the same time the wave 2 rally is looking quite stretched.Looking at the hourly chart below. we can see that wave C2 is now 0.786 time the length of wave A2, which isn't that common a relationship, but a more common relationship is that at 91.09 the second zig-zag would equal the first zig-zag in length, so we should be close to a top.
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