Positive divergence setting up nicely. Few more squiggles down nearer the 50% retrace perhaps. Does not smack of impulsive structure off the summer high imo. The 61.8% retrace is another ~20% lower from here, and below there I would seriously begin to question this (1)-(2) set up.
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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.