The Anticipated Next Leg: Historically, every major impulse drop on this structure is immediately followed by a systematic, counter-trend relief rally lasting about 21 bars and retracing ~50% of the prior move (aligning with late October).
The Target: Off the recent potential bottom, the projected mean-reversion recovery path targets a run back toward the $200 psychological resistance zone (near the 0.382–0.5 Fibonacci retracement levels) before the broader macro downtrend potentially resumes
Support / Entry Zone: $180.00 – $182.00 shelf (matching current low pivot).
Target Zone: ~50% recovery level mapped for late October (approx. 21 bars out).
Invalidation / Stop-Loss Level: A breakdown below the recent swing low structure (e.g., sub-$177.00) to protect against impulsive trend continuation.
