AB=CD wave in motion, Wave BC = correction. Following long term consolidation, market finally breaks away from consolidation. On lower timeframe we could clearly see a complete retest on the dotted border line, price action. We expect to see market rise from this level to complete wave CD.
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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.