Price is trading in a double correction pattern. We are trading in a wave (Y) phase, the wave (Y) is a zig-zag correction pattern. Waves A and C are often equal on a zigzag pattern.
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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.