As we have predicted the price has formed a bullish correction at the support line. When the correction ends we expect another bearish move to happen. We do believe that the support line is not strong enough to suppress the bears, hence we expect the price to end the Elliott five wave structure beneath it.
We wish you good luck with your trading!
We wish you good luck with your trading!
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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.