The correction that began in mid-July 2024 does not appear to be complete yet. I interpret this movement as a WXY pattern, and it seems to be in the second sub-wave of the Y wave. I have marked the potential zones (green areas) and the key reversal levels within those zones with yellow lines.
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Temporally on the last day, the price managed to return from the targeted zone for B.
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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.