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Visa Inc., Elliot Wave Analysis
3/15/2023 10:21 AMGrowth is possible.
On the daily chart, the third wave of the higher level (3) formed, a downward correction ended as the fourth wave (4), and the development of the fifth wave (5) started. Now, the first wave of the lower level 1 of (5) is forming, within which a local correction has ended as the wave iv of 1. If the assumption is correct, the price of the asset will grow within the wave v of 1 to the area of 245.00–255.00. In this scenario, critical stop loss level is 202.15.
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