Cooper finished initial correction as wave A, and is now in wave B. The B wave is expected to be choppy. Short could be started to build above 2.76. However, if it traded in/above the red box for a extended period of time,short should be covered. There is going to be big risk of impulsive extension.
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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.