The counter is in downtrend. And it is currently consolidation after a long bear run.
It has completed its wave A and B of the flat correction.
We expect the wave C to move up to 161.8 extension of AB which also coincides with a price action resistance.
It has completed its wave A and B of the flat correction.
We expect the wave C to move up to 161.8 extension of AB which also coincides with a price action resistance.
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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.