In M30 i see below items on the chart:
1- 5 blue wave complete (7080 to 7310)
2- Wave 1 (Yellow) is complete
3- ABC (Yellow) Retrace up to 61.8% fibo
4- ABC (Yellow) has a ZIGZAG pattern
5- Wave 2 (Yellow) seems to be completed
so it seems the price is trying to make a new support for going up
1- 5 blue wave complete (7080 to 7310)
2- Wave 1 (Yellow) is complete
3- ABC (Yellow) Retrace up to 61.8% fibo
4- ABC (Yellow) has a ZIGZAG pattern
5- Wave 2 (Yellow) seems to be completed
so it seems the price is trying to make a new support for going up
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Disclaimer
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.