A nice Flat is forming, and the calculated confluence zone seems to confirm the price target.
When you look at the oscillators, you can easily see that they topped at critical levels.
When you look at the oscillators, you can easily see that they topped at critical levels.
Note
After a break the development goes on and it seems to become a ZigZag with an internal subdivision of 5-3-5.
The reason for that could be the extension in the previous 3rd wave down.
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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.