Because A-wave 1 is a leading wedge, A2 has rebounded to the 0.618-0.786 position of A-wave 1, and then starts to go A-wave 3.
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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.