The 17.5% market sell-off, since the May high >> 11.04
may be considered as an initial development of correcting down
in Minute degree wave ii (circled).
Wave Analysis >> As depicted on this 2h frame, exceeding the boundary line of the leading diagonal will highly confirm that the correction in wave ii (circled) should be underway.
The first retracement target >> 7.93
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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.