The possible retracement levels (measured) for the nearterm are:
0.236: 20200 and 0.382: 19600. Minimal retracement for a wave "4" is 0.236 and often ends close to the level of the "3" of the preceeding lower degree. Also 0.382 is possible.
0.236: 20200 and 0.382: 19600. Minimal retracement for a wave "4" is 0.236 and often ends close to the level of the "3" of the preceeding lower degree. Also 0.382 is possible.