Based on Elliott Wave Theory, one could expect the final wave of the bullish impulse. If it achieves an all-time high, speculation about continued upward momentum could persist. However, if it fails to surpass its previous high, it could lead to a deeper correction.
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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.