With this flash crash, presumably caused by US-Iran news about a possible swap of nuclear program for oil sanctions, we're back to the scenario where wave [[]2] is already complete and we're in a leading diagonal formation. The nefarious option of an expanding diagonal remains, but it is less likely.
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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.