we are expecting the minor trend in blue to be down such that prices could tag 1120 area labelled "X" in blue. Check the related chart idea below this idea. If tagged, that would mean we would probably have finished wave intermediate (B) in yellow where we expect the trend to change and turn up
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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.