Update 21st Feb:
From the daily chart Impala saw an extended correction Cycle before commencing with Primary wave [1] where it has been busy for the past 18 months.
The hourly chart shows that Intermediate wave (5) has probably ended Primary wave [1] suddenly and with some volatility at approx 80% of the price action of Intermediate wave (1). Primary wave [2] is thereby seen as being underway with a typical target of (4) which can easily be exceeded to the downside in the current climate of increasing uncertainty.
From 18th Feb:
The mirror image of the fractals has evidently presented itself so to complete Minor wave 3.of Intermediate wave (5) of Primary wave [3].
From 13th Feb:
Impala completed Intermediate wave (4) and it is therefor to be expected that it now negotiates Minor wave 3 of Intermediate wave (5) for the conclusion of Primary wave [1].
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