Meta Platforms: Wave [B] Is Unfolding Towards 228.66| FXMAG.COM

We can count a nice five-wave decline from the 384.33 peak, indicating a low should be in place soon for wave [A]. A corrective rally in wave [B] should follow towards 228.66 and possibly even closer to the 50% corrective target at 258 before wave [C] takes over for the next decline towards 104.84.

Short-term a break above 142.38 will confirm that wave [A] has completed and wave [B] is unfolding towards 228.66

Relevance up to 06:00 2022-10-11 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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