Strong demand zone close
We are closing to strong demand zone - 50% IIIrd wave ret. , 100% IInd wave (overbalance zone), bottom parallel uptrend channel and Ist wave top. 2 scenarios : 1. Brakeout to new lows - wave I in downtrend or Vth wave to new highs. We'll see it 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.