Overall, this is part of C wave(wave 1 to wave 2 --> A:3 to B:3), AO indicated bearish divergence
Total C wave must be impulse (5 waves)
--> it's time to back in channel for continuing 3 wave of B
End of correction target to 61.8% of Fibonacci retracement from big wave1
Total C wave must be impulse (5 waves)
--> it's time to back in channel for continuing 3 wave of B
End of correction target to 61.8% of Fibonacci retracement from big wave1
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.