UBS - Completion of a leading diagonal?

NYSE:UBS   UBS Group AG Registered
Since July 2016, price has been rallying in a 5-wave structure to the recent high at 18.30 in July 2017 in a diagonal structure.

RSI has formed a divergence as well, giving us another confluence of a potential retracement lower from here.

We are expecting price to correct to the downside towards 15.13 or even lower towards 14.38 area in the short term before another move higher.

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