We are way past a normal retracement zone. BUT B waves in a strong market can do that. Even surpass the upper high. But not usually by much. And this could also be a new wave 5 up. Suffice to say, still waiting for a confirming down-trend to short.
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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.