Wave 2 seems to have completed after a clear A-B-C correction, and price held strongly above the C-low support.
The recent bounce is encouraging, but the real confirmation will come once price breaks the downtrend line and moves above the C pivot.
As long as price remains above the C low, the bullish view stays valid.
A break below the C low would invalidate the move .
update soon ...
- This is not financial advice .
DhArI
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DhArI
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.
