We have a nice big base here and the wave count suggests a potential Leading Diagonal with a very shallow wave 2 which indicates lots of underlying strength here.
Otherwise, we might be in a Flat correction meaning we'll see price go below 37600-ish soon.
Personally I favor the bullish view because of how RSI has been always staying above 40 and sometimes even went overbought since that low in Novembre.
Questions? Chat or Comment on Ideas Don't forget my public Telegram channel - t.me/em16public
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