Regardless is this is true or note, the move down from the top looks very much like an impulse to the downside. Which means that we should currently be in a wave 2 or B, with potential wave 3 or C coming behind.
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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.