The previous upward view was nullified. Confirmed as a rebound wave, not just a rise in the W-X-Y structure. Still not entering short or long position. Stay on the lookout
Note
It is very likely that the previous 49K would not be bottomed out if the X region were to be broken soon.
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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.