Description
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Price action from early July is happening in 3-wave movements (green ABCs).
This is indicative of an ending diagonal, and I expect another 3 waves to the downside for wave 5.
This count is valid as long as we stay below wave 2 (21.255).
There is slight RSI bullish divergence, indicating the loss of strength in the downtrend, but I'm keeping this count as my primary for now.
The yellow box indicates the 100% to 161.8% zone that should act as resistance for wave 4.