We thought that on the wave A correction ended, but on Friday it became obvious that there will be no new upward impulse, and the 3 upward waves were the wave B.
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Now we can expect wave C, which usually ends below wave A.
Remember that selling during a fall is risky, wait for a small correction before opening a short position.
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Now we can expect wave C, which usually ends below wave A.
Remember that selling during a fall is risky, wait for a small correction before opening a short position.