We have a clear zigzag making up the (w) leg. Price action from the low in Sep 2017 to current is clearly corrective. This suggest more downside. A break and retest of the 2nd trend line drawn from Sept' 2017 low would add weight to my view. Keep an eye on this one
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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.