$TRB just completed a 5-wave impulse on the 15-min chart, peaking near $38.50 before pulling into a classic ABC corrective phase.

Wave Analysis Summary

• Impulsive waves (1)-(5) are complete

• Wave (a) correction initiated, followed by a small (b) bounce

• Wave (c) now in progress, with potential targets:

– 0.870 fib: $37.34

– 1.000 fib: $37.19

– 1.618 fib: $36.48 (deeper retracement zone)

💡 Key Observations

– Strong structure, but profit-booking after a 5-wave rally is natural

– If $37.19 fails to hold, price may dip to $36.48 for full correction

– Bulls should wait for bullish confirmation near fib zones before re-entry

📍 Support Zone: $37.20 → $36.50

📍 Resistance to Watch: $38.20 (wave b top) → $38.50 (recent high)

Conclusion: Short-term correction is healthy after a solid rally. Eyes on $36.48 zone — if buyers step in there, we may see the next impulse wave (3 of a higher degree) begin.