a) The price is inside a Daily Correction (yellow lines)
b) A breakout of the structure will mean that a new motive wave is coming maintaining the proportions of the structure in which has been formed
c) Based on the current situation we have two possible paths for the price
SHORT SCENARIO: If the price breaks below the current structure (purple lines) we expect a movement at least towards the next
LONG SCENARIO: If the price breaks above the current structure (purple lines) we expect a movement towards the next
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