Just a possible path according to EW theory. This 5-wave move can extend into the end of the year.
Note
Green (iii) should be above red (v).Note
Note
I think my subwave count is wrong, but it means the price can go slightly lower.Note
I don't like how wave (v) evolves. Looks like it's going to extend. Reducing short position.
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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.