daily tf frame has an interesting trend line that will offer support for buyers if the minor trend line which price bounced yesterday, in my opinion, since the price has not broken the trend line and secondly based on Elliott wave count, wave 1v though went so deep, is still at 61.8% fib level and has not closed below below the ending point of wave 1, I consider buy as low rist trade, I believe that wave V will still play out to complete at 115 - 116 level , if the trend line breaks, it means that my wave count is wrong then I have to join sellers for good
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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.