FET is stuck in a wave 4 complex correction just below major resistance HVN with a thrust below likely before continuing the uptrend.
FET appears to have completed 3 waves up with ending diagonal for wave 3. Wave 4 are defined by there long drawn out ranges like we see here. Im looking for a swing below the $0.7 support line to complete this correction potentially tapping the S1 pivot and 0.5 Fibonnaci retracement.
Analysis is invalidated if price turns bullish abd makes a new swing high, challenging the resistance once more.
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