It appears we are in the last leg of a corrective FLAT C wave. We have (3) zig-zag patterns. If we measure the length of the last wave (a) of C, wave (c) ends near $9600 near the 1.18 fib. Fibonacci retracements are lining up. If this is correct, we should start seeing higher prices after wave C is complete. It probably should be a sharp move up (impulsive).
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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.