If price hits the 786 fib then that would increase confirmation that this is the start of an elliott wave sequence
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I've just realized I can't edit these charts, so wave 5 is a bit off in the fact that does not allow for enough time (should be more to the right than it actually is) but the target is still the same.
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This still looks to be on track although it bounced off the 618 fib rather than the 786.