A potential for starting next fractal which would be a wave 3 of 3. It is more often than not a very strong move in this part of the Elliott wave structure. The equality level points close to 36300 while the larger 3=1 is around 49000.
Trade closed: target reached
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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.