This rally looks like subwave (c) of wave ( iii ) up. Normally wave iii of ( c ) of ( iii ) up tops at 100% ext of subwave ( a ) of wave ( iii ). That decline in a micro wave iv down comes as a sharp straight drop without micro a-b-c structure.
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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.