MOGUSD is currently experiencing the anticipated acceleration in wave (3)—typically the strongest and most impulsive leg in an Elliott Wave cycle.With momentum building, the next upside target aligns with the 100% Fibonacci extension, which could propel price toward new highs if the structure holds.
Wave (3) is doing what it does best: leading the charge.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.