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Visa Inc., Elliot Wave Analysis
8/17/2022 12:09 PMThe price is in a correction and may grow.
On the daily chart, the third wave of the higher level (3) ended, and a downward correction develops as the fourth wave (4). Now, the wave A of (4) has formed, and the wave B of (4) is forming, within which the wave a of B is developing. If the assumption is correct, the asset will grow to the area of 226.95–236.61. In this scenario, critical stop loss level is 198.20.
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