In the black count, price has now overlapped on itself making this direct advance in a wave 5 higher unlikely, but not entirely dead. This could morph into an ending diagonal in which overlap is a tell tale sign...but the purple pathway looks to be the most reasonable path as of this morning.
Best to all,
Chris
Best to all,
Chris
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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.